Shop for Auction Panvel Raigad 40.6 Lakh by Edelweiss Asset Reconstruction Company Limited
Panvel, Raigad
Area: 357.25 sq. ft.
Shop No. 3, Durgaprasad, Final plot No. 204/3, Plot no. 156, Middle Class Co-operative Housing Society Ltd., Vasudev Balvant Phadke Marg, Panvel, Dist. Raigad
Edelweiss Asset Reconstruction Company Limited · mumbai
Reserve price
₹40,58,000
EMD ₹4,05,800
Auction date
29 Sep 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 357.25 sq. ft.
- ▸Locality: Panvel
- ▸Reserve: ₹40,58,000
- ▸EMD: ₹4,05,800
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Panvel |
| Built-up / plot area | 357.25 sq. ft. |
| Lender | Edelweiss Asset Reconstruction Company Limited |
| Branch | mumbai |
| Unit / flat no. | Shop No. 3 |
| Building / society | Durgaprasad |
| Floor | Ground 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 ₹40,58,000, 357.25 sq. ft., Symbolic possession.
Explore this prime commercial shop for sale via bank auction in Durgaprasad, Panvel. Located in the bustling area of Vasudev Balvant Phadke Marg, Raigad, this commercial unit offers 357.25 sq. ft. of built-up space on the ground floor. Managed by Edelweiss Asset Reconstruction Company Limited, this property is available with a reserve price of ₹40,58,000. Ideal for retail or office businesses, this commercial shop presents a significant opportunity for investors looking for property in a well-connected locality. Don't miss this bank auction property in Panvel, perfect for growing your business footprint. Ensure you review all auction terms and conditions before participating in the upcoming e-auction.
GeoSquare note: The property is located in a prime commercial area in Panvel with high footfall potential. While it is currently under symbolic possession, the competitive reserve price makes it a strong candidate for commercial investment. Investors should perform due diligence regarding the pari-passu charge with Union Bank of India.
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