Representative illustration — Commercial Shop bank auction in Taloja Panchanand
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Taloja Panchanand Raigad 71 Lakh by Idbi Bank 402336

Taloja Panchanand, Raigad

Area: 220.50 sq. ft.

Shop No 4, Ground Floor, Durga Green Park, Plot No. 9, Sec 9, Taloja Panchanand, Panvel, Maharashtra 410208

IDBI Bank · Mumbai

Reserve price

₹71,00,000

EMD ₹7,10,000

Auction date

28 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 220.50 sq. ft.
  • Locality: Taloja Panchanand
  • Reserve: ₹71,00,000
  • EMD: ₹7,10,000

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityTaloja Panchanand
Built-up / plot area220.50 sq. ft.
LenderIDBI Bank
BranchMumbai
Unit / flat no.Shop No 4
Building / societyDurga Green Park
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Taloja Panchanand, Raigad by IDBI Bank — reserve price ₹71,00,000, 220.50 sq. ft., Physical possession.

Invest in a prime commercial shop located at Durga Green Park, Taloja Panchanand, Panvel. This bank auction property offers a carpet area of 220.50 sq. ft. on the ground floor, making it an excellent opportunity for business ventures or retail investment. The property is being auctioned by IDBI Bank with a reserve price of ₹71 Lakhs. Strategically situated in a developing node of Panvel, this shop benefits from good connectivity and visibility. Interested bidders should note the auction date of 28th September 2026 and complete their EMD submission by 25th September 2026. This is a transparent 'as is where is' bank auction sale, ideal for investors looking for commercial assets in Maharashtra.

GeoSquare note: This property is a strong investment candidate due to its ground-floor commercial status in the rapidly developing Taloja-Panvel region. With physical possession held by the bank, the legal risk is minimized, providing a clear path for ownership. The pricing reflects a standard market value for the area, making it a viable option for retail or business owners.

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