270 sq ft Flat for Auction in Mumbai – ORIX Leasing And Financial Services India Limited

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

270 sq ft

Reserve price / sq ft

₹20,741

Locality

—

City

Mumbai

State

Maharashtra

Pincode

400008

Address

ALL THAT PIECE AND PARCEL OF PROPERTY BEARING FLAT NO. 1604, ADMEASURING 270 SQ. FT., 16TH FLOOR, ZAINAB TOWER, BYCULLA DIVISION 251-253, MAULANA AZAD ROAD, BYCULLA, MUMBAI-400008. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

ORIX Leasing And Financial Services India Limited

Branch

Mumbai

Auction type

SARFAESI Auction

Borrower

JAVED A**** M***** T***** S*****

Auction start

13 Oct 2026, 11:00 AM

Auction end

13 Oct 2026, 01:00 PM

EMD submission deadline

12 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2408254

Price Check

This listing's reserve price works out to ₹20,741 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹27,154 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.
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 (bankauctions.in (4Closure) · Listing 2408254), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,60,000 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.