Flat for Auction Wavanje Panvel Raigad 11.5 Lakh by Punjab National Bank
Wavanje, Panvel, Raigad
Flat 203, Building no 7, Phase I, 'Balsam' Enkay Garden, Village Wavanje, Taluka Panvel, Dist Raigad
Punjab National Bank · ARMB Thane
Reserve price
₹11,48,000
EMD ₹1,14,800
Auction date
20 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Wavanje, Panvel
- ▸Reserve: ₹11,48,000
- ▸EMD: ₹1,14,800
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Wavanje, Panvel |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Flat 203 |
| Building / society | Balsam, Enkay Garden |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Wavanje, Panvel, Raigad by Punjab National Bank — reserve price ₹11,48,000, Symbolic possession.
Participate in the upcoming bank auction property sale by Punjab National Bank. We are offering a residential flat located in the 'Balsam' complex at Enkay Garden, Village Wavanje, Panvel, Raigad (410218). This property is an excellent opportunity for buyers looking for an affordable residential unit in the growing locality of Panvel. The auction features a reserve price of ₹11.48 Lakh with an EMD of ₹1.148 Lakh. The e-auction is scheduled for 20th July 2026. Interested bidders must submit their applications by 19th July 2026. This is a symbolic possession property, making it a potentially viable asset for investors and homebuyers seeking value in the Maharashtra real estate market. Don't miss this chance to acquire property in a developing neighborhood at a competitive auction price.
GeoSquare note: This property is located in an emerging suburb of Panvel, offering high affordability at a sub-12 lakh price point. However, the rating is tempered by the 'Symbolic' possession status, which implies the buyer will need to manage legal processes to acquire physical control, making it a better fit for experienced real estate investors.
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