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

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 bank auction property featuring a commercial shop located in Raje Commercial Complex, Panvel, Raigad. This unit, designated as Shop/Basement No. 13, offers a carpet area of 187 sq. ft. situated on the basement floor. Being auctioned by Edelweiss Asset Reconstruction Company Limited, this property presents a lucrative opportunity for business owners and investors looking for commercial space in the growing locality of Panvel. The auction is conducted on an 'As is where is' and 'As is what is' basis. With a competitive reserve price of ₹13,46,400, this commercial shop is an ideal acquisition for those seeking to expand their business footprint in a well-connected area of Maharashtra. Don't miss this opportunity to bid on a high-potential commercial asset.

GeoSquare note: The property is located in a commercially active zone in Panvel, offering good potential for small-scale business or storage use. While it is a basement unit with symbolic possession, the competitive pricing makes it a strong buy for investors looking for affordable entry-level commercial real estate.