Commercial Office for Auction Borivali Mumbai 1.4 Crore by Union Bank of India 30 Apr 2026
Borivali, Mumbai
Area: 487 sq. ft.
Office No.201, 2nd floor, A-Wing, Victory Park, Plot No. 1-A, Private Scheme and forming part C final Plot No. 18, CTS No. 498-498(1) to (7) village Borivali, Chandavarkar Lane
Union Bank of India · Stressed asset Management Branch : Mumbai
Reserve price
₹1,42,00,000
EMD ₹14,20,000
Auction date
30 Apr 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 487 sq. ft.
- ▸Locality: Borivali
- ▸Reserve: ₹1,42,00,000
- ▸EMD: ₹14,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Office · Commercial |
| Locality | Borivali |
| Built-up / plot area | 487 sq. ft. |
| Lender | Union Bank of India |
| Branch | Stressed asset Management Branch : Mumbai |
| Unit / flat no. | 201 |
| Building / society | Victory Park |
| Floor | 2nd |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Borivali, Mumbai by Union Bank of India — reserve price ₹1,42,00,000, 487 sq. ft., Symbolic possession.
Bank auction property! Commercial office space for sale in Borivali, Mumbai. This 487 sq. ft. office unit is located on the 2nd floor of Victory Park, situated on Chandavarkar Lane. Union Bank of India is auctioning this property with a reserve price of ₹14,200,000.00 and an EMD of ₹1,420,000.00. The e-auction is scheduled for April 30, 2026. A prime opportunity for investors seeking commercial properties in a well-connected Mumbai locality. Don't miss out!
GeoSquare note: The property is a commercial office in a Mumbai suburb, with symbolic possession which may delay immediate use. The reserve price and EMD are considerable, reflecting its market value. Given the location and property type, it's a fair option for investors seeking commercial real estate in Mumbai, but bidders should consider possession delays.
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