Auction Closed · Scheduled Auction Date Passed (28 Sept 2026)

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Residential Auction in Panvel | Tamilnad Mercantile Bank Limited Auction

Flat No.202, Prabhakar Raje Complex, Old Panvel, Raigad · Reserve price ₹ 40,30,000 · Auction on 28 Sept 2026

Reserve price

₹ 40,30,000

EMD

₹ 4,03,000

Auction date

28 Sept 2026

Status

Ended

Bank

Tamilnad Mercantile Bank Limited

Possession

symbolic

Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.

Property details

Property Type
Residential
Description
Guarantors: Mr. Shlok Ketan Panchal (Legal Heir of Ketan Shambhal Panchal), Mrs. Asha Ketan Panchal, Jana Shambhal Panchal. Recovery of Rs.81,35,589.82 (OD Rs.67,41,631.79, WCTL-1 GECL Rs.1,34,877.93, WCTL-2 GECL Rs.10,31,479.60) as on 31.08.2026 with subsequent interest and expenses. Boundaries: North-By Staircase, East-By Passage, South-By Wall West-By Wall.
Area
650 sq.ft
Possession
symbolic
Locality
Panvel
Full Address
Flat No.202, 2nd Floor, Prabhakar Raje Complex, Shivaji Chowk, Plot No.198A, Old Panvel, Tal-Panvel, Dist-Raigad-410206
Pincode
410206

Bank & auction terms

Auction ID
AX-1SI3WRP
Bank / Authority
Tamilnad Mercantile Bank Limited
Reserve Price
₹ 40,30,000
EMD Amount
₹ 4,03,000
Auction Date
28 Sept 2026
Auction Time
15:00
Borrower Name
M/s Apex Engineers, Partner Mr. Prakash Vadyamal Lulla (Borrower)
Bank Contact Details
TMB Andheri West Branch, 9870989198, andheriwest@tmb.in

Auction documents

  • Sale noticesale notice

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