Land for Auction Shirdhon Raigad 16.5 Lakh by Edelweiss Asset Reconstruction Company Limited

Quick read

• ▸Possession: Physical
• ▸Area: 1.014 hectares
• ▸Locality: Shirdhon
• ▸Reserve: ₹16,50,000
• ▸EMD: ₹1,65,000

About this property

Land bank auction in Shirdhon, Raigad by Edelweiss Asset Reconstruction Company Limited — reserve price ₹16,50,000, 1.014 hectares, Physical possession.

Explore this prime bank auction property featuring two parcels of land located in Village Shirdhon, Taluka Panvel, District Raigad. The property, identified by Survey No. 103/2A and 103/2B, offers a total area of approximately 1.014 hectares. This land asset is being sold by Edelweiss Asset Reconstruction Company Limited through an e-auction process. With a reserve price of ₹16,50,000 and an EMD of ₹1,65,000, this auction presents a significant investment opportunity in the growing Panvel region of Maharashtra. The property is offered on an 'As is where is', 'As is what is', and 'Whatever there is' basis. Interested investors should note the previous failed auction attempts and participate in the upcoming auction scheduled for 2026-10-06.

GeoSquare note: The property offers a significant land area in the developing Panvel corridor, which is a positive factor for long-term investment. However, as this is a repeat auction that previously failed to attract bidders, interested parties should conduct thorough due diligence on the land's utility and local development regulations. The physical possession status provides additional security for the buyer.