Flat for Auction Shelu East Neral Raigad 12.5 Lakh by Debts Recovery Tribunal
Shelu (East), Neral, Raigad
Area: 29.97 sq. mtrs
Flat No. 201, 2nd Floor, E Wing, Sunrise Homes, Off Neral Badlapur, Shelu (East), Neral-410 101, Village-Damat, Survey No. 71, H. No. 1A, 1B2, Taluka-Karjat, Dist. Raigad
Debts Recovery Tribunal · Mumbai
Reserve price
₹12,50,000
EMD ₹1,25,000
Auction date
07 Oct 2026, 02:00 PM
Auction notice
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Quick read
- ▸Possession: Not Known
- ▸Area: 29.97 sq. mtrs
- ▸Locality: Shelu (East), Neral
- ▸Reserve: ₹12,50,000
- ▸EMD: ₹1,25,000
Auction snapshot
| Possession | Not Known |
| Property type | Flat · Residential |
| Locality | Shelu (East), Neral |
| Built-up / plot area | 29.97 sq. mtrs |
| Lender | Debts Recovery Tribunal |
| Branch | Mumbai |
| Unit / flat no. | Flat No. 201 |
| Building / society | Sunrise Homes |
| Floor | 2nd Floor |
| Auction type | DRT Auction |
| Bid increment | ₹50,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Flat bank auction in Shelu (East), Neral, Raigad by Debts Recovery Tribunal — reserve price ₹12,50,000, 29.97 sq. mtrs, Not Known possession.
Participate in this bank auction property located in the serene surroundings of Shelu (East), Neral, Raigad. This residential flat (Flat No. 201, 2nd Floor, E Wing, Sunrise Homes) offers a carpet area of 29.97 sq. mtrs, plus a balcony and natural terrace. Ideal for home buyers and investors looking for affordable real estate in the Maharashtra region. The property is being auctioned by IDBI Bank under the Debts Recovery Tribunal. With a reserve price of ₹12.50 Lakh, this is an excellent opportunity to acquire a home in a developing locality. Interested bidders must submit their EMD by 05.10.2026. Don't miss out on this bank auction property in Karjat-Raigad. Conduct your due diligence and participate in the e-auction on 07.10.2026.
GeoSquare note: This property is an excellent entry-level investment opportunity due to its attractive reserve price of ₹12.50 Lakh and prime location in the expanding Neral-Karjat corridor. While the exact possession status is not explicitly confirmed, the legal clarity under the DRT auction process makes this a strong buy for budget-conscious home buyers.
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