Shop for Auction Panvel Raigad 13.5 Lakh by Edelweiss Asset Reconstruction Company Limited 415409
Panvel, Raigad
Area: 187 sq. ft.
Shop/Basement No. 12, Raje Commercial Complex, land bearing no. 198/A/205/14, Panvel, Dist. Raigad
Edelweiss Asset Reconstruction Company Limited · mumbai
Reserve price
₹13,46,400
EMD ₹1,34,640
Auction date
29 Sep 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 187 sq. ft.
- ▸Locality: Panvel
- ▸Reserve: ₹13,46,400
- ▸EMD: ₹1,34,640
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Panvel |
| Built-up / plot area | 187 sq. ft. |
| Lender | Edelweiss Asset Reconstruction Company Limited |
| Branch | mumbai |
| Unit / flat no. | Shop/Basement No. 12 |
| Building / society | Raje Commercial Complex |
| Floor | Basement Floor |
| Auction type | SARFAESI Auction |
| Service provider | edelweiss arc |
About this property
Commercial Shop bank auction in Panvel, Raigad by Edelweiss Asset Reconstruction Company Limited — reserve price ₹13,46,400, 187 sq. ft., Symbolic possession.
Explore this prime bank auction property featuring a commercial shop/basement unit in Raje Commercial Complex, Panvel. Spanning 187 sq. ft., this property is situated in a strategic location in Raigad, Maharashtra. This commercial shop for sale offers a great investment opportunity for businesses looking for a foothold in the bustling Panvel area. The auction is conducted by Edelweiss Asset Reconstruction Company Limited with a reserve price of ₹13,46,400. Interested bidders should note the symbolic possession status and the pari-passu charge with Union Bank of India. Don't miss this chance to acquire commercial real estate at an attractive price point. Participate in the upcoming e-auction to secure this property.
GeoSquare note: The property is located in a known commercial complex in Panvel, offering decent utility for a shop or storage unit. However, the basement location and symbolic possession status require the buyer to factor in potential legal costs and conversion challenges. It is a fair option for investors comfortable with distressed asset procedures.
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