Representative illustration — Commercial Office bank auction in Asha Nagar, Off Western Mall
Representative illustration — not the actual property photograph.
Commercial Office Commercial Symbolic possession Strong Buy

Commercial Office for Auction Asha Nagar Off Western Mall Mumbai 4.4 Crore by Union Bank of India 24 Jun 2026

Asha Nagar, Off Western Mall, Mumbai

Area: 1371.0 sq. ft. carpet area

Office No. 321, 322, 303, 3rd Floor, Dimple Arcade Premises CHS Ltd, Opp. V Mall, Asha Nagar, Off Western Mall, Kandivali E Mumbai 400101.

Union Bank of India · Asset Recovery Branch

Reserve price

₹4,43,00,000

EMD ₹44,30,000

Auction date

24 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 1371.0 sq. ft. carpet area
  • Locality: Asha Nagar, Off Western Mall
  • Reserve: ₹4,43,00,000
  • EMD: ₹44,30,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityAsha Nagar, Off Western Mall
Built-up / plot area1371.0 sq. ft. carpet area
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Office No. 321, 322, 303
Building / societyDimple Arcade Premises CHS Ltd.
Floor3rd Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Commercial Office bank auction in Asha Nagar, Off Western Mall, Mumbai by Union Bank of India — reserve price ₹4,43,00,000, 1371.0 sq. ft. carpet area, Symbolic possession.

An excellent investment opportunity awaits at this Union Bank auction featuring three interconnected commercial office spaces (Office No. 321, 322, 303) on the 3rd floor of Dimple Arcade Premises CHS Ltd. in the bustling Kandivali East, Mumbai. Spanning a combined carpet area of 1371 sq. ft. with open terraces, these offices are strategically located opposite V Mall, Off Western Mall, Asha Nagar. This prime commercial property offers significant potential for businesses or investors. The e-auction is scheduled for June 24, 2026, with a reserve price of ₹4.43 Crore. Don't miss this bank auction property in a high-demand Mumbai locality.

GeoSquare note: This property is a strong buy due to its prime commercial location in Kandivali East, Mumbai, a well-developed area. The combined 1371 sq. ft. of office space in Dimple Arcade offers substantial utility. While there are noted society dues and a pending DRT application, these are common in bank auctions and can be managed, presenting an opportunity for a favorable deal. The location, size, and commercial type make it a valuable asset for investment.

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