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Flat SARFAESI Auction Symbolic Possession

65.01 sq feet Flat for Auction in Mumbai, Mumbai – BOM

Mumbai, Mumbai, Maharashtra · Auction ID #93504

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Flat for auction in Mumbai, Mumbai – BOM – photo 1
Reserve Price ₹1,81,31,040
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 11:00 AM
EMD Last Date 15 Oct 2026, 02:00 PM
Area65.01 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
65.01 sq feet (≈ 65 sq ft)
Reserve price / sq ft
₹2,78,896
Locality
Mumbai
City
Mumbai
Pincode
400057
Address
Mumbai, Maharashtra, 400057 View on map

Description (as per sale notice)

All the piece and parcel of property situated at Flat No 501, Tirupati Co Op Housing Society Ltd, CTS No 1700, Pherozshah Mehta (PM) Road, Opp to Crystal Cable, Kankuwadi, Vile Parle (East), Mumbai 400057 Admeasuring 65.01 Sq.mtr built up

BAANKNET Property ID: MAHBMITUL
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Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
HOUSING FINANCE BRANCH NAVI MUMBAI
Auction type
SARFAESI Auction
Borrower
MITUL R**** S***
Auction start
15 Oct 2026, 11:00 AM
Auction end
15 Oct 2026, 03:00 PM
EMD submission deadline
15 Oct 2026, 02:00 PM
Inspection
—
Authorised officer
ASHISH KUMAR
Officer contact
9075012450
E-auction portal
BAANKNET (Property ID MAHBMITUL)
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Price Check

This listing's reserve price works out to ₹2,78,896 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹26,113 per sq ft, so this one is 968% 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 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 MAHBMITUL)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 15 Oct 2026, 02:00 PM. It is refunded if you don't win.
  5. Bid online on 15 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 Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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