Representative illustration — Flat bank auction in Shelu
Representative illustration — not the actual property photograph.
Flat Residential Not Specified possession Strong Buy

Flat for Auction Shelu Raigad 16.4 Lakh by Indian Overseas Bank

Shelu, Raigad

Area: 38.16 sq. mtrs

Flat No. 303, Wing B, Whistiling Woods Park Complex, Shelu (W) village-Bandhivali, Taluka Karjat, Dist.-Raigad, Maharashtra

Indian Overseas Bank · MUMBAI

Reserve price

₹16,36,000

EMD ₹1,63,600

Auction date

24 Sep 2026, 11:00 AM

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Quick read

  • Possession: Not Specified
  • Area: 38.16 sq. mtrs
  • Locality: Shelu
  • Reserve: ₹16,36,000
  • EMD: ₹1,63,600

Auction snapshot

PossessionNot Specified
Property typeFlat · Residential
LocalityShelu
Built-up / plot area38.16 sq. mtrs
LenderIndian Overseas Bank
BranchMUMBAI
Unit / flat no.Flat No. 303
Building / societyWhistiling Woods Park Complex
FloorThird Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Shelu, Raigad by Indian Overseas Bank — reserve price ₹16,36,000, 38.16 sq. mtrs, Not Specified possession.

Explore this residential bank auction property located in the serene locality of Shelu, Karjat. This 1 BHK flat (38.16 sq. mtrs carpet area including balcony) is situated in the well-known 'Whistiling Woods Park Complex'. This bank auction property in Raigad presents an excellent opportunity for investors and homebuyers looking for affordable housing in a developing region. The property, identified as Flat No. 303 on the third floor, is being auctioned by Indian Overseas Bank under the SARFAESI Act. With a reserve price of ₹16,36,000, this asset offers high potential for value appreciation due to its strategic location in Karjat. Interested bidders can participate in the e-auction scheduled for 24-09-2026. Don't miss this chance to acquire residential real estate in Maharashtra through a transparent bank-led process.

GeoSquare note: The property is located in an emerging residential belt in Karjat, making it a good entry-level investment for buyers looking for affordable housing. The reserve price is competitive for the area, though potential bidders should conduct due diligence regarding physical possession status, as it is not explicitly stated in the public notice.

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