Bungalow for Auction Goregaon East Mumbai 5.6 Crore by Bank of India 08 May 2026
Goregaon East, Mumbai
Area: 621.45 Sq Mts
Royal Palm, Goregaon East, Mumbai 400065
Bank of India · Pune recovery branch
Reserve price
₹5,58,53,000
EMD ₹55,86,000
Auction date
08 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 621.45 Sq Mts
- ▸Locality: Goregaon East
- ▸Reserve: ₹5,58,53,000
- ▸EMD: ₹55,86,000
Auction snapshot
| Possession | Symbolic |
| Property type | Bungalow · Residential |
| Locality | Goregaon East |
| Built-up / plot area | 621.45 Sq Mts |
| Lender | Bank of India |
| Branch | Pune recovery branch |
| Unit / flat no. | Plots No. 11 |
| Building / society | Royal Palm |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Bungalow bank auction in Goregaon East, Mumbai by Bank of India — reserve price ₹5,58,53,000, 621.45 Sq Mts, Symbolic possession.
Bank auction property: A bungalow in Royal Palm, Goregaon East, Mumbai, measuring 621.45 Sq Mts. This residential property, owned by VRIL, is available for sale through e-auction. The auction, conducted by Bank of India, features a reserve price of ₹55,853,000 and an EMD of ₹5,586,000. The e-auction bidding will be 'AS IS WHERE IS' and 'AS IS WHAT IS BASIS'. Contact Bank of India for detailed terms and conditions.
GeoSquare note: The property is a bungalow in a prime location of Goregaon, Mumbai. The reserve price and EMD are relatively high. Symbolic posession affect the value but overall, it's a strong investment opportunity given the location and property type.
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