Representative illustration — Bungalow bank auction in Azad Nagar, Andheri East
Representative illustration — not the actual property photograph.
Bungalow Residential Symbolic possession Strong Buy

Bungalow for Auction Azad Nagar Andheri East Mumbai 7.1 Crore by State Bank of India 02 Jul 2026

Azad Nagar, Andheri East, Mumbai

Area: 305.80 Sq mt.

Banoo Manor, Azad Nagar, Andheri East, Mumbai 400069

State Bank of India · Stressed Assets Management Branch

Reserve price

₹7,08,00,000

EMD ₹70,80,000

Auction date

02 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 305.80 Sq mt.
  • Locality: Azad Nagar, Andheri East
  • Reserve: ₹7,08,00,000
  • EMD: ₹70,80,000

Auction snapshot

PossessionSymbolic
Property typeBungalow · Residential
LocalityAzad Nagar, Andheri East
Built-up / plot area305.80 Sq mt.
LenderState Bank of India
BranchStressed Assets Management Branch
Unit / flat no.4
Building / societyBanoo Manor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Bungalow bank auction in Azad Nagar, Andheri East, Mumbai by State Bank of India — reserve price ₹7,08,00,000, 305.80 Sq mt., Symbolic possession.

Seize this rare bank auction opportunity in Mumbai! A residential bungalow located in the prime area of Andheri East, this property offers immense potential. The bungalow, situated in Banoo Manor, Azad Nagar, spans 305.80 sq mt. The e-auction, conducted by State Bank of India, features a reserve price of ₹70,800,000. Don't miss out on this chance to acquire a valuable asset through a bank auction property. Perfect for families or investors seeking a solid investment in a sought-after location. Explore this fantastic opportunity today!

GeoSquare note: This bungalow in Andheri East presents a strong investment opportunity due to its location and size. While the reserve price is relatively high, the property's potential and the symbolic possession make it a worthwhile consideration. The auction details and location information enhance the overall investment profile, making it a strong buy option.

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