70.07 sq m Commercial Building for Auction in Mumbai – DCB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

70.07 sq m (≈ 754 sq ft)

Reserve price / sq ft

₹2,121

Locality

—

City

Mumbai

State

Maharashtra

Address

Description Of the Immovable Property:-ALL THAT PIECEAND PARCEL OF FLAT NO. FR-3, ADMEASURING 70.07 SQ. MTRS. SUPER BUILTUPAREA ON FOURTH FLOOR, IN THE BUILDING KSHITIJRESIDENCY APARTMENT, PHASE-II BWING CONSTRUCTED ON CTS NO. 94B/1, CHIMANPURA PETH, SATARA, WITHIN THE LIMITATION OF SATARA CORPORATION AND BOUNDED AS UNDER: ON OR TOWARDS EAST: Open Space, ON OR TOWARDS SOUTH: Flatno. FR4B Wing, ON OR TOWARDS WEST: Passage. ON OR TOWARDS NORTH: Open Space(The Secured Assets). View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Shivajinagar

Auction type

SARFAESI Auction

Borrower

JAMIL D***** M****

Auction start

27 Nov 2026

Auction end

27 Nov 2026, 04:00 PM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472428

Price Check

This listing's reserve price works out to ₹2,121 per sq ft. The average across commercial bank auctions in Mumbai on our site is ₹26,379 per sq ft, so this one is 92% 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.
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 472428), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,60,000 before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.