Representative illustration — Land bank auction in Old Panvel
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Strong Buy

Land for Auction Old Panvel Raigad 3.6 Crore by Canara Bank

Old Panvel, Raigad

Area: 230.8 sq mtr

Property no 1513, Plot No 161, Near ST Bus Road, Old Panvel, Dist Raigad

Canara Bank · ARM BRANCH MUMBAI

Reserve price

₹3,60,00,000

EMD ₹36,00,000

Auction date

28 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 230.8 sq mtr
  • Locality: Old Panvel
  • Reserve: ₹3,60,00,000
  • EMD: ₹36,00,000

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityOld Panvel
Built-up / plot area230.8 sq mtr
LenderCanara Bank
BranchARM BRANCH MUMBAI
Unit / flat no.Property no 1513, Plot No 161
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Land bank auction in Old Panvel, Raigad by Canara Bank — reserve price ₹3,60,00,000, 230.8 sq mtr, Symbolic possession.

An excellent investment opportunity awaits at this Canara Bank e-auction. Featured is a valuable land parcel, Property no 1513, Plot No 161, admeasuring 230.8 sq mtr, located conveniently Near ST Bus Road in Old Panvel, Raigad, Maharashtra. This bank auction property also includes a constructed building spanning ground, first, and second floors, totaling 1260 sq feet (117.10 sq mtr). With a reserve price of ₹3.6 Crore, this plot offers significant potential for commercial or residential development in a growing area. The e-auction date is 2026-07-28, with symbolic possession. Don't miss this chance to acquire a prime property in Panvel.

GeoSquare note: This land with a constructed building in Old Panvel, Raigad, presents a strong investment opportunity due to its location in a developing area. The total land area is 230.8 sq mtr, complemented by a multi-story structure. While the possession status is symbolic, the competitive reserve price of ₹3.6 Crore makes it an attractive asset for potential buyers seeking development or rental income.

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