Representative illustration — Flat bank auction in Shelu (W)
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Shelu W Raigad 16.4 Lakh by Indian Overseas Bank

Shelu (W), Raigad

Area: 38.16 sq. mtrs

Flat No. 202, Wing C, 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: Physical
  • Area: 38.16 sq. mtrs
  • Locality: Shelu (W)
  • Reserve: ₹16,36,000
  • EMD: ₹1,63,600

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityShelu (W)
Built-up / plot area38.16 sq. mtrs
LenderIndian Overseas Bank
BranchMUMBAI
Unit / flat no.Flat No. 202
Building / societyWhistiling Woods Park Complex
FloorSecond Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Shelu (W), Raigad by Indian Overseas Bank — reserve price ₹16,36,000, 38.16 sq. mtrs, Physical possession.

Explore this residential bank auction property located in the tranquil surroundings of Shelu, Karjat. This 1 BHK flat (approx 38.16 sq. mtrs including balcony) is situated in the well-known 'Whistiling Woods Park Complex'. Being offered under the SARFAESI Act by Indian Overseas Bank, the property is available with Physical Possession, ensuring a smoother transition for the successful bidder. With a competitive reserve price of ₹16.36 Lakhs, this is an excellent opportunity for first-time homebuyers or real estate investors looking for affordable housing in the Raigad district. The auction is scheduled for 24-09-2026. Don't miss out on this prime investment in a developing residential hub. Please contact the Indian Overseas Bank, Matunga Branch for further documentation and inspection queries.

GeoSquare note: This property is a strong buy due to its affordable reserve price and the security provided by 'Physical' possession. Located in the developing Karjat region, it offers good value for residential investment. The transparent auction process by Indian Overseas Bank makes this a reliable opportunity for interested buyers.

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