Flat for Auction Shivaji Chowk Old Panvel Raigad 40.3 Lakh by Tamilnad Mercantile Bank Limited

Quick read

• ▸Possession: Constructive
• ▸Area: 650 sq. ft.
• ▸Locality: Shivaji Chowk, Old Panvel
• ▸Reserve: ₹40,30,000
• ▸EMD: ₹4,03,000

About this property

Flat bank auction in Shivaji Chowk, Old Panvel, Raigad by Tamilnad Mercantile Bank Limited — reserve price ₹40,30,000, 650 sq. ft., Constructive possession.

Explore this bank auction property located in the heart of Old Panvel, Raigad. This residential flat, situated in the Prabhakar Raje Complex at Shivaji Chowk, offers a carpet area of 650 sq. ft. on the 2nd floor. This property is being auctioned by Tamilnad Mercantile Bank Limited under the SARFAESI Act. Ideal for homebuyers and investors looking for a well-located residential space in a prime area of Raigad. The auction date is set for 28.09.2026. Don't miss this opportunity to acquire a residential flat in a sought-after locality at a competitive reserve price. Interested parties should verify all legal documents and property details before participating in the e-auction process.

GeoSquare note: The property is located in the well-connected Shivaji Chowk area of Old Panvel, making it a stable residential choice. With a reasonable reserve price for 650 sq. ft. of space, it represents a strong investment, though potential buyers should factor in the constructive possession status and conduct thorough title due diligence.