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Flat SARFAESI Auction

225 sq ft Flat for Auction in Kole Kalyan, Mumbai – Asrec (india) Limited

Kole Kalyan, Mumbai, Maharashtra · Auction ID #3992

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Reserve Price ₹50,00,000
EMD (Earnest Money)₹5,00,000
Bid Increment₹1,00,000
Auction Date 06 Oct 2026, 10:00 AM In 7 days
EMD Last Date 05 Oct 2026, 04:00 PM In 6 days
Area225 sq ft

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
225 sq ft
Reserve price / sq ft
₹22,222
Locality
Kole Kalyan
City
Mumbai
Pincode
400098

Description (as per sale notice)

Lot No 2 - Flat No. 105, admeasuring 225 sq.ft. carpet area equivalent to 25.09 sq.mtrs. built-up area on the First Floor of Maitri Chhaya Co-operative Housing Socie-ty Ltd., constructed on Plot of land bearing C.T.S.No.4975, 4975/1, 4976, 4982, 4982/1 to 6, 4983, 4983/1 to 2, 5004-E (pt), 5004- E/1 to 11 of Village Kole Kalyan, Manipada Village Road, Opp.University, Kalina, Vidyanagari, Santacruz (East), Mumbai -400 098

Bank & Auction Details

Branch
ASREC- PS 12/2020-21 Trust
Auction type
SARFAESI Auction
Borrower
M/s. G**** R** & A*****
Auction start
06 Oct 2026, 10:00 AM
Auction end
06 Oct 2026, 12:00 PM
EMD submission deadline
05 Oct 2026, 04:00 PM
Inspection
24 Sep 2026, 11:00 AM – 24 Sep 2026, 01:00 PM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹22,222 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹29,162 per sq ft, so this one is 24% 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 24 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹5,00,000 before 05 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 6 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
  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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with ASREC (India) Limited. Always verify every detail with the official notice and the authorised officer before paying any money.

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