Commercial Office for Auction Bandra Mumbai 1.2 Crore by Bank of India 08 May 2026
Bandra, Mumbai
Office No 515, Sai Chambers, TPNo -5, Santacruz Railway Bridge, Nr ARjamar Sthanak, Sen Nagar, Santacruz E, Bandra I, Mumbai -400055
Bank of India · Specialised Asset Recovery Management Branch
Reserve price
₹1,24,31,000
EMD ₹12,43,100
Auction date
08 May 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Locality: Bandra
- ▸Reserve: ₹1,24,31,000
- ▸EMD: ₹12,43,100
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Office · Commercial |
| Locality | Bandra |
| Lender | Bank of India |
| Branch | Specialised Asset Recovery Management Branch |
| Unit / flat no. | 515 |
| Building / society | Sai Chambers |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Bandra, Mumbai by Bank of India — reserve price ₹1,24,31,000, Symbolic possession.
This bank auction property offers a commercial office space in the prime location of Bandra, Mumbai. The property, located in Sai Chambers, is strategically positioned near Santacruz Railway Bridge. With a reserve price of ₹12,431,000 and an EMD of ₹1,243,100, this is a great investment opportunity. This commercial shop for sale provides an excellent prospect for businesses looking to establish a presence in a bustling commercial area. The e-auction is scheduled for 2026-05-08, offering a chance to acquire a valuable asset. Don't miss out on this opportunity to own a commercial property in Bandra through this bank auction.
GeoSquare note: Located in Bandra, Mumbai, this commercial office offers a fair investment opportunity, but the symbolic possession status may deter some investors. The reserve price is reasonable for the area, however, potential buyers should carefully consider the implications of symbolic possession and conduct thorough due diligence. The auction scheduled on 2026-05-08 presents a chance to acquire a property in a prime commercial hub.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.