398 sq feet Flat for Auction in Pushpak Vahal, Panvel, Alibag – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

398 sq feet (≈ 398 sq ft)

Reserve price / sq ft

₹7,538

Locality

Pushpak Vahal, Panvel

City

Alibag

State

Maharashtra

Pincode

410206

Address

Pushpak Vahal, Panvel, Maharashtra, 410206 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB THANE-11697

Auction type

SARFAESI Auction

Borrower

UMESH P***** S***

Auction start

25 Nov 2026, 12:00 PM

Auction end

25 Nov 2026, 04:00 PM

EMD submission deadline

25 Nov 2026, 04:00 PM

Inspection

16 Nov 2026, 12:00 PM – 16 Nov 2026, 04:00 PM

Authorised officer

PRANESH THAKUR

Officer contact

7087438999

E-auction portal

BAANKNET (Property ID SBIN200056135264)

Price Check

This listing's reserve price works out to ₹7,538 per sq ft. The average across residential bank auctions in Alibag on our site is ₹6,100 per sq ft, so this one is 24% 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200056135264)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 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.