40.44 sq meter Flat for Auction in Panvel, Alibag – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

40.44 sq meter (≈ 435 sq ft)

Reserve price / sq ft

₹10,258

Locality

Panvel

City

Alibag

State

Maharashtra

Pincode

410206

Address

PANVEL, Maharashtra, 410206 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MUMBAI SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

ANIL S*** J*****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 12:00 PM

EMD submission deadline

15 Oct 2026, 10:30 AM

Inspection

09 Oct 2026, 03:00 PM – 09 Oct 2026, 05:00 PM

Authorised officer

RAO

Officer contact

7842782478

E-auction portal

BAANKNET (Property ID CNRBANILJADAV)

Price Check

This listing's reserve price works out to ₹10,258 per sq ft. The average across residential bank auctions in Alibag on our site is ₹6,099 per sq ft, so this one is 68% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 9 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBANILJADAV)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 10:30 AM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.