All auctions / Maharashtra / Panvel
23Oct
23 square meter Shops for sale in Panvel
Panvel, Raigad, Maharashtra – 410206
Central Bank of India · NEW PANVEL-3347
- Reserve price
- ₹32,92,000
- EMD
- ₹3,29,200
- Bid increment
- ₹33,000
- Area
- 248 sq ft
- Price per sq ft
- ₹13,296
This is the 4th auction of this property. The reserve price is 10% lower than at the last auction (₹36,58,000 on 29 Aug 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by23 Oct 2026, 5:00 PM (EMD closes in 6 days)
- Auction23 Oct 2026, 10:00 AM – 6:00 PM · in 6 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 23 Oct 2026 | ₹32,92,000 | -10.0% | Upcoming |
| 29 Aug 2026 | ₹36,58,000 | — | Closed |
| 29 Jul 2026 | ₹36,58,000 | -11.1% | Closed |
| 29 Jun 2026 | ₹41,15,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹3,29,200
- Rest of 25% when you win (same or next day)
- ₹4,93,800
- Balance 75%, usually within 15 days
- ₹24,69,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.65 L – ₹2.63 L
You may bid above the reserve in steps of ₹33,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Shops
- Possession
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- Gala No. 10, Ground Floor, SatyaSai Plaza CHSL, Plot No 5, Sector-11, Near Miraj Cinema, Panvel, Tal-Panvel, Dist-Raigad, 410206
- Borrower
- Mr. Nipun Saurabh Sharma Prop. M/s HNG Agro Product
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Canara Bank Commercial · Malls
Reserve cut 10% 3rd auction1,260 sq ftSymbolic possession
in 6 days EMD closes in 6 days
₹3.24 Cr
was ₹3.60 Cr
₹25,718/sq ft
