Flat for Auction Panvel Raigad 51.6 Lakh by Edelweiss Asset Reconstruction Company Limited 415402

Quick read

• ▸Possession: Symbolic
• ▸Area: 49.51 sq. mtrs.
• ▸Locality: Panvel
• ▸Reserve: ₹51,58,500
• ▸EMD: ₹5,15,850

About this property

Flat bank auction in Panvel, Raigad by Edelweiss Asset Reconstruction Company Limited — reserve price ₹51,58,500, 49.51 sq. mtrs., Symbolic possession.

Explore this prime bank auction property located in the heart of Panvel, Raigad. This residential flat, situated in the well-known Yash Kamal Complex, offers a built-up area including a terrace. Ideally suited for investors and homebuyers, this property is being auctioned by Edelweiss Asset Reconstruction Company Limited. With a reserve price of ₹51.58 Lakhs, this auction presents an excellent opportunity to acquire a residential unit in a developing area. The property is held under symbolic possession and is part of a cooperative housing society. Prospective bidders can participate in the upcoming e-auction to secure this asset. Don't miss this chance to invest in a strategically located residential flat in Maharashtra. Search for bank auction properties in Panvel to get full details on bidding procedures and document requirements.

GeoSquare note: The property is located in a well-established residential pocket of Panvel with good connectivity, making it a viable asset. While the possession is currently symbolic, the entry price at the reserve level is competitive for the area. It is recommended for investors looking for mid-term value appreciation.