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Flat SARFAESI Auction Symbolic Possession

225 sq feet Flat for Auction in Mumbai, Mumbai – Canara

Mumbai, Mumbai, Maharashtra · Auction ID #89368

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Flat for auction in Mumbai, Mumbai – Canara – photo 1
Reserve Price ₹24,82,000 23.6% lower than previous auction (₹32.47 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 27 Oct 2026, 11:00 AM
EMD Last Date 27 Oct 2026, 10:30 AM
Area225 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
225 sq feet (≈ 225 sq ft)
Reserve price / sq ft
₹11,031
Locality
Mumbai
City
Mumbai
Pincode
400080
Address
Mumbai, Maharashtra, 400080 View on map

Description (as per sale notice)

BAANKNET Property ID: CNRBFLA603
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
MUMBAI SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
NITIN M***** J***
Auction start
27 Oct 2026, 11:00 AM
Auction end
27 Oct 2026, 12:00 PM
EMD submission deadline
27 Oct 2026, 10:30 AM
Inspection
—
Authorised officer
KINJAL VISHAL PARMAR
Officer contact
7698185403
E-auction portal
BAANKNET (Property ID CNRBFLA603)
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Price Check

This listing's reserve price works out to ₹11,031 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹26,113 per sq ft, so this one is 58% 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.

Previous Auctions of This Property

Auction dateReserve price
27 Oct 2026₹24,82,000This auction
17 Oct 2026₹32,47,000View

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 (BAANKNET (Property ID CNRBFLA603)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 27 Oct 2026, 10:30 AM. It is refunded if you don't win.
  5. Bid online on 27 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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