Bungalow for auction Kandivali East Mumbai 9 Cr NKGSB CO-OP. BANK LTD.

Property for Auction in Kandivali East, Mumbai, Maharashtra

Recommendation
Strong BuyScore: 7.8
Possession
Physical
Size
4927.00 sq.ft
Reserve Price
9,16,00,000
Reserve Price
9,16,00,000
EMD Required
91,60,000
Property Specifications
Society/BuildingShri Mira CHS Ltd
Size4927.00 sq.ft
Unit No.B-1
FloorGround floor + 2 upper floors
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Bungalow
Location IconLocation:
Kandivali East, Mumbai
Auction Date IconAuction Date:
21-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-20

Bid Start Date:2025-11-21

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Any unpaid property dues, utility bills any other encumbrance not known to authorised officer.

Why This Property

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.

Contact Details

Branch:Branch Office : Mumbai

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mr. Sameer Naik / Mr. Vijay Kamble

Contact no:8108266399/8369181684

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