536.97 sq meter House for Auction in Mumbai, Mumbai – IDBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

536.97 sq meter (≈ 5,779 sq ft)

Reserve price / sq ft

₹26,817

Locality

Mumbai

City

Mumbai

State

Maharashtra

Pincode

400063

Address

Mumbai, Maharashtra, 400063 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IDBI Bank

Branch

Mumbai-Kalina

Auction type

SARFAESI Auction

Borrower

PRECISION O***** S***** (***** P***** L*****

Auction start

30 Sep 2026, 11:00 AM

Auction end

30 Sep 2026, 12:00 PM

EMD submission deadline

29 Sep 2026, 04:00 PM

Inspection

19 Sep 2026, 11:00 AM – 19 Sep 2026, 04:00 PM

Authorised officer

Nitin Singh

Officer contact

8539999774

E-auction portal

BAANKNET (Property ID IBKL087915364)

Price Check

This listing's reserve price works out to ₹26,817 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹27,154 per sq ft, so this one is 1% 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 19 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IBKL087915364)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Sep 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 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.