Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 7.5
Auction ID:610765
Bank Name:Canara Bank
Branch Name:STRESSED ASSETS MANAGEMENT BRANCH
Reserve Price:₹7,80,00,00,000
EMD:₹78,00,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:2025-09-12
Bid Start Date:2025-12-10
Property Description
This prime commercial building is located in the bustling Mumbai City area of Mumbai, Maharashtra. The property is offered for sale by Canara Bank through a SARFAESI auction. It presents a significant investment opportunity in a highly sought-after commercial hub.
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Commercial
Full Address:Supreme Business Park, I.T. Building No. 2 Known as "Supreme Business Park" Consisting of Wing A & B Having 4 Stilts and 7 Upper I.T. Floor, Powai, Mumbai
Building/Society:Supreme Business Park
Size:692826.07 Sq. Ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial building in Mumbai City, Maharashtra. The auction will take place on December 10, 2025, from 11:00 AM to 12:00 PM. The reserve price for this valuable asset is ₹780,00,00,000, with an Earnest Money Deposit (EMD) of ₹78,00,00,000 required to participate. This is a unique chance to acquire a substantial commercial property.
Borrower Name:M/s. Supreme Housing And Hospitality Pvt. Ltd.
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in Powai, Mumbai, offers considerable commercial space. However, the high reserve price and EMD require careful consideration. Its potential as a commercial hub warrants a calculated investment approach.
Contact Details
Branch:Branch Office : STRESSED ASSETS MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Kishore Kerba Mane
Contact no:8097590940
