Commercial Office for Auction Carnac Bunder Mumbai 2.2 Crore by Federal Bank 19 May 2026
Carnac Bunder, Mumbai
Area: 960 sq ft
Office No 501, Navratan premises Co-op Society Limited, 69, P. D’Mello Road, Carnac Bunder
Federal Bank · LCRD - Mumbai Division
Reserve price
₹2,18,88,000
EMD ₹21,88,800
Auction date
19 May 2026, 11:30 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 960 sq ft
- ▸Locality: Carnac Bunder
- ▸Reserve: ₹2,18,88,000
- ▸EMD: ₹21,88,800
Auction snapshot
| Possession | Physical |
| Property type | Commercial Office · Commercial |
| Locality | Carnac Bunder |
| Built-up / plot area | 960 sq ft |
| Lender | Federal Bank |
| Branch | LCRD - Mumbai Division |
| Unit / flat no. | 501 |
| Building / society | Navratan premises Co-op Society Limited |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | drt.auctiontiger.net |
About this property
Commercial Office bank auction in Carnac Bunder, Mumbai by Federal Bank — reserve price ₹2,18,88,000, 960 sq ft, Physical possession.
Bank auction property! Commercial office space for sale in Mumbai's prime location at P. D'Mello Road, Carnac Bunder. This 960 sq ft office is located on the 5th floor of 'Navratan' building. The e-auction is scheduled for May 19, 2026, with a reserve price of ₹21,888,000. EMD is set at ₹2,188,800. Don't miss this opportunity to acquire a valuable commercial property through bank auction in a bustling Mumbai location. Inspection available on 08/05/2026.
GeoSquare note: The property is a commercial office in a central Mumbai location, which offers potential for appreciation. The presence of outstanding maintenance and tax dues, along with the higher reserve price, suggests that due diligence is necessary. The location advantages are somewhat offset by the need to clear encumbrances. Physical posession makes this more attractive
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