675 sq ft Flat for Auction in Mumbai – KVB

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

675 sq ft

Reserve price / sq ft

₹34,074

Locality

—

City

Mumbai

State

Maharashtra

Pincode

400050

Address

Exclusive charge on Residential flat at Survey No.85& 87,C.T.S. Nos. 641,A/669 to A/671, Flat admeasuring 675 sq. ft No. 402, 4th Floor, A-Wing, Rizvi Palace CHSL, Opp. New Talkies, Hill Road, Bandra West, Mumbai-400 050 standing in the name of Mr. Ketan Madhusudan Shroff View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Kalbadevi Branch

Auction type

SARFAESI Auction

Borrower

M/s. P***** L*****

Auction start

21 Nov 2026, 11:00 AM

Auction end

21 Nov 2026, 12:00 PM

EMD submission deadline

20 Nov 2026, 03:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2439001

Price Check

This listing's reserve price works out to ₹34,074 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹26,113 per sq ft, so this one is 30% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2439001), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹23,00,000 before 20 Nov 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 21 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.