Representative illustration — Flat bank auction in Usarli Khurd, New Panvel
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Usarli Khurd New Panvel Raigad 45.1 Lakh by Indian Overseas Bank

Usarli Khurd, New Panvel, Raigad

Residential Flat no 402, 4th Floor, C-Wing, Building No.2, Balaji Kashish Park, Survey No 51a/51b, Usarli Khurd, New Panvel, Taluka Panvel, Dist Raigad-410206

Indian Overseas Bank · Malad East Branch

Reserve price

₹45,09,000

EMD ₹4,50,900

Auction date

23 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Locality: Usarli Khurd, New Panvel
  • Reserve: ₹45,09,000
  • EMD: ₹4,50,900

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityUsarli Khurd, New Panvel
LenderIndian Overseas Bank
BranchMalad East Branch
Unit / flat no.Flat No. 402
Building / societyBuilding No.2, Balaji Kashish Park, C-Wing
Floor4th Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Flat bank auction in Usarli Khurd, New Panvel, Raigad by Indian Overseas Bank — reserve price ₹45,09,000, Physical possession.

Seize a prime investment opportunity with this residential flat available via bank auction. Indian Overseas Bank presents a 4th-floor flat (No. 402, C-Wing) in the well-known Balaji Kashish Park, Building No.2, located in Usarli Khurd, New Panvel, Raigad. This property offers physical possession, making it an attractive 'residential flat for sale' in a developing area. The reserve price is set at ₹45.09 Lakhs with an EMD of ₹4.51 Lakhs, and the bid increment is ₹50,000. The e-auction is scheduled for July 23, 2026, from 11:00 AM to 03:00 PM. Don't miss this chance to acquire a 'bank auction property' in the strategic 'New Panvel, Raigad' region.

GeoSquare note: This residential flat in New Panvel, Raigad, presents a strong buying opportunity due to its physical possession status, which significantly reduces buyer risk. The location in Balaji Kashish Park is desirable for residential living, and the reserve price of ₹45.09 Lakhs appears competitive for a 4th-floor flat. The defined auction details provide clarity, making this a well-structured investment.

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