Property for Auction in Kandivali East, Mumbai, Maharashtra
Recommendation:Strong BuyScore: 7.8
Auction ID:610518
Bank Name:NKGSB CO-OP. BANK LTD.
Branch Name:Mumbai
Reserve Price:₹9,16,00,000
EMD:₹91,60,000
Bid Increment:₹2,00,000
Auction Time:11:00 a.m. to 01.00 p.m.
Service Provider:bankeauctions.com / C1 India
Submission Date:2025-11-20
Bid Start Date:2025-11-21
This is a residential bungalow located in the prime area of Kandivali East, Mumbai, Maharashtra. The property is being auctioned by NKGSB CO-OP. BANK LTD. under the SARFAESI Act. It presents a unique opportunity for buyers looking for a property in a well-connected and sought-after locality within Mumbai.
State:Maharashtra
City:Mumbai
Area:Kandivali East
Asset Category:Residential
Full Address:B-1, Shri Mira CHS Ltd, Bungalow No.1, (As per title deed flat No.B-1), CTS No.145B of Village Akurli, Akurli Road, Kandivali East, Mumbai-400 101, Kandivali East, Mumbai
Building/Society:Shri Mira CHS Ltd
Size:4927.00 sq.ft
NKGSB CO-OP. BANK LTD. is conducting a SARFAESI auction for a bungalow in Kandivali East, Mumbai. The auction will take place on November 21, 2025, from 11:00 AM to 01:00 PM. The reserve price for this asset is ₹9,16,00,000, with an Earnest Money Deposit (EMD) of ₹91,60,000. This is a significant opportunity to acquire a property in a desirable Mumbai location.
Borrower Name:M/s. Sanchaiti Hospital Pvt Ltd.
Auction Type:SARFAESI Auction
Guarantor Names:Late Dr. Kamlesh Tukaram Madhekar, Smt. Sucheta Kamlesh Madhekar, Smt. Sucheta Kamlesh Madhekar, Late Dr. Kamlesh Tukaram Madhekar, Smt. Sucheta Kamlesh Madhekar, Smt. Sucheta Kamlesh Madhekar
Possession Status:Physical
Encumbrance Details:Any unpaid property dues, utility bills any other encumbrance not known to authorised officer.
The property is located in a well-established residential area of Kandivali East. Given its size and type, along with the bank auction terms, it presents a strong investment opportunity, especially considering the potential for value appreciation in Mumbai. The prime property score reflects the desirable location and property attributes.
Branch:Branch Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Sameer Naik / Mr. Vijay Kamble
Contact no:8108266399/8369181684