228 sq feet Commercial Building for Auction in Malad West, Mumbai, Mumbai – UCO

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

228 sq feet (≈ 228 sq ft)

Reserve price / sq ft

₹46,232

Locality

Malad West, Mumbai

City

Mumbai

State

Maharashtra

Pincode

400064

Address

MALAD WEST, Mumbai, Maharashtra, 400064 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

UCO Bank

Branch

KALBADEVI MUMBAI-4

Auction type

SARFAESI Auction

Borrower

HELP L*** D*****

Auction start

17 Nov 2026, 01:00 PM

Auction end

17 Nov 2026, 05:00 PM

EMD submission deadline

17 Nov 2026, 03:00 PM

Inspection

06 Nov 2026, 11:00 AM – 16 Nov 2026, 04:00 PM

Authorised officer

Meenor Bhivgade, Chief Manager

Officer contact

8928909653

E-auction portal

BAANKNET (Property ID UCBAMUMB00040002)

Price Check

This listing's reserve price works out to ₹46,232 per sq ft. The average across commercial bank auctions in Mumbai on our site is ₹26,379 per sq ft, so this one is 75% 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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID UCBAMUMB00040002)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 17 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.