225 sq feet Flat for Auction in Mumbai, Mumbai – PNB

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

225 sq feet (≈ 225 sq ft)

Reserve price / sq ft

₹10,578

Locality

Mumbai

City

Mumbai

State

Maharashtra

Pincode

400043

Address

Mumbai, Maharashtra, 400043 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

BRANCH - CIRCLE OFFICE THANE

Auction type

SARFAESI Auction

Borrower

Mr. I***** G*** S*****

Auction start

03 Dec 2026, 10:00 AM

Auction end

03 Dec 2026, 04:00 PM

EMD submission deadline

03 Dec 2026, 03:00 PM

Inspection

—

Authorised officer

V V L N Murthy

Officer contact

9022858901

E-auction portal

BAANKNET (Property ID PUNB9198ILIYAS)

Price Check

This listing's reserve price works out to ₹10,578 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹26,113 per sq ft, so this one is 59% 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.

Previous Auctions of This Property

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 (BAANKNET (Property ID PUNB9198ILIYAS)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 03 Dec 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 3 Dec 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.