354 sq feet Office for Auction in Mumbai, Mumbai – PNB

Property Details

Property type

Office (Commercial)

Possession

Symbolic Possession

Area

354 sq feet (≈ 354 sq ft)

Reserve price / sq ft

₹3,174

Locality

Mumbai

City

Mumbai

State

Maharashtra

Pincode

400049

Address

Mumbai, Maharashtra, 400049 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB MUMBAI WESTERN444400

Auction type

SARFAESI Auction

Borrower

BOLLYFOOD H***** P***** L*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 11:00 AM

Inspection

28 Sep 2026, 10:00 AM – 06 Oct 2026, 10:00 AM

Authorised officer

Manoj Khandagale

Officer contact

7738167402

E-auction portal

BAANKNET (Property ID PUNBBOLLYFOOD2)

Price Check

This listing's reserve price works out to ₹3,174 per sq ft. The average across commercial bank auctions in Mumbai on our site is ₹26,593 per sq ft, so this one is 88% 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 28 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBBOLLYFOOD2)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 11:00 AM. 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.