743.04 sq ft Flat for Auction in Mumbai – SBM

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

743.04 sq ft

Reserve price / sq ft

₹35,126

Locality

—

City

Mumbai

State

Maharashtra

Pincode

400053

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

SBM Bank (India)

Branch

SBM Bank (India) Limited, Andheri, Mumbai - BO

Auction type

SARFAESI Auction

Borrower

M/s. S***** C S*** & C**

Auction start

14 Nov 2026, 11:00 AM

Auction end

14 Nov 2026, 01:00 PM

EMD submission deadline

13 Nov 2026, 05:00 PM

Inspection

12 Nov 2026, 10:00 AM – 12 Nov 2026, 02:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹35,126 per sq ft. The average across residential bank auctions in Mumbai on our site is ₹26,250 per sq ft, so this one is 34% 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.

Previous Auctions of This Property

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 12 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹26,10,000 before 13 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 14 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.