225 sq ft Flat for Auction in Mumbai – ASREC (India) Limited

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

225 sq ft

Reserve price / sq ft

₹22,222

Locality

—

City

Mumbai

State

Maharashtra

Pincode

400098

Address

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 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

ASREC (India) Limited

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

06 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464419

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 ₹27,154 per sq ft, so this one is 18% 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 464419), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 6 Oct 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.