Shop for Auction Panvel Raigad 13.5 Lakh by Edelweiss Asset Reconstruction Company Limited 415410

Quick read

• ▸Possession: Symbolic
• ▸Area: 187 sq. ft.
• ▸Locality: Panvel
• ▸Reserve: ₹13,46,400
• ▸EMD: ₹1,34,640

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.

Invest in this prime commercial bank auction property located in Panvel, Raigad. This auction features a commercial shop/basement unit (No. 11) admeasuring 187 sq. ft. carpet area, situated in the well-known Raje Commercial Complex. This property is being auctioned by Edelweiss Asset Reconstruction Company Limited on an 'as is where is' basis. Ideal for investors looking for a commercial shop for sale in a strategic location within the Panvel Municipal Council limits. The property is currently under symbolic possession with a reserve price of ₹13,46,400. Don't miss this opportunity to acquire a commercial asset in a developing area of Maharashtra. Check the auction date and participate in this transparent bidding process for high-potential real estate.

GeoSquare note: The property is located in a functional commercial complex in Panvel, offering reasonable value for a basement unit. However, the 'Symbolic' possession status and the fact that it is a basement area suggest that investors should conduct thorough due diligence regarding physical access and encumbrances. It is a fair option for those looking for budget-friendly commercial space.