1,039.3 sq m Land & Building for Auction in Mumbai – IBC Liquidation

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,039.3 sq m (≈ 11,186 sq ft)

Reserve price / sq ft

₹15,022

Locality

—

City

Mumbai

State

Maharashtra

Pincode

400002

Address

Land and building located at 108/110, Ramnath Sadan, Cavel Street, N J Acharya Marg, Gaiwadi, Kalbadevi, Mumbai - 400002 Maharashtra. Plot area 1,039.30 square meters View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

IBC Liquidation (IBBI)

Branch

—

Auction type

IBC Liquidation

Borrower

Comproind P***** L***** - in L*****

Auction start

21 Oct 2026, 02:00 PM

Auction end

21 Oct 2026, 04:00 PM

EMD submission deadline

21 Oct 2026

Inspection

—

Authorised officer

Manish Shah (Liquidator)

Officer contact

—

E-auction portal

eAuctions (Linkstar) · Auction ID 10103

Price Check

This listing's reserve price works out to ₹15,022 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹27,154 per sq ft, so this one is 45% 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 (eAuctions (Linkstar) · Auction ID 10103), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 21 Oct 2026. It is refunded if you don't win.
5. Bid online on 21 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.