1,127 sq feet Office for Auction in Vile Parle, Mumbai-400057, Mumbai – SBI

Property Details

Property type

Office (Commercial)

Possession

Physical Possession

Area

1,127 sq feet (≈ 1,127 sq ft)

Reserve price / sq ft

₹42,059

Locality

Vile Parle, Mumbai-400057

City

Mumbai

State

Maharashtra

Pincode

400057

Address

Vile Parle, Mumbai-400057, Maharashtra View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB MUMBAI - II-15859

Auction type

SARFAESI Auction

Borrower

M/s S***** A*** T**** P** L***

Auction start

19 Nov 2026, 11:00 AM

Auction end

19 Nov 2026, 04:00 PM

EMD submission deadline

19 Nov 2026, 11:00 AM

Inspection

13 Nov 2026, 11:00 AM – 13 Nov 2026, 04:00 PM

Authorised officer

Pranesh Joshi, Chief Manager

Officer contact

9822472850

E-auction portal

BAANKNET (Property ID SBIN71274767251)

Price Check

This listing's reserve price works out to ₹42,059 per sq ft. The average across commercial bank auctions in Mumbai on our site is ₹26,379 per sq ft, so this one is 59% above 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN71274767251)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 19 Nov 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.