40.58 sq m Flat for Auction in Mumbai – Axis

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

40.58 sq m (≈ 436 sq ft)

Reserve price / sq ft

₹5,516

Locality

—

City

Mumbai

State

Maharashtra

Pincode

410201

Address

PROPERTY 1 FLAT NO. 705, ON THE SEVENTH FLOOR, OF WING-G, OF THE COMPLEX KNOWN AS "SKY LINE RIVERSIDE" CONSTRUCTED ON THE N.A. LAND BEARING SURVEY NO. 103 PLOT NO. 2 SITUATED AT MAUJA AKURLE, KARJAT, TALUKA-KARJAT, DIST-RAIGAD-410201. -AREA ADMEASURING: 40.58 SQ. MTR View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Axis Bank

Branch

Axis Bank, TTC Industrial Area, Navi Mumbai-BO

Auction type

SARFAESI Auction

Borrower

DINESH K**** S****

Auction start

13 Nov 2026

Auction end

13 Nov 2026, 12:00 PM

EMD submission deadline

12 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 470134

Price Check

This listing's reserve price works out to ₹5,516 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹26,250 per sq ft, so this one is 79% below 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 (open notice).
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 (AuctionTiger · Auction ID 470134), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,40,920 before 12 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.