Representative illustration — Commercial Office bank auction in Deonar
Representative illustration — not the actual property photograph.
Commercial Office Commercial Physical possession Strong Buy

Commercial Office for Auction Deonar Mumbai 63 Lakh by Idbi Bank

Deonar, Mumbai

Area: 330 sq. ft.

Office no 302, 3rd floor, A wing, Raikar Chambers Premises Coop Hsg Soc Ltd, Plot Survey no 17, Hissa No 1, S No. 18, Village Deonar, Govandi Station Road, Mumbai

IDBI Bank · Mumbai

Reserve price

₹63,00,000

EMD ₹6,30,000

Auction date

30 Sep 2026, 11:30 AM

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Quick read

  • Possession: Physical
  • Area: 330 sq. ft.
  • Locality: Deonar
  • Reserve: ₹63,00,000
  • EMD: ₹6,30,000

Auction snapshot

PossessionPhysical
Property typeCommercial Office · Commercial
LocalityDeonar
Built-up / plot area330 sq. ft.
LenderIDBI Bank
BranchMumbai
Unit / flat no.Office no 302
Building / societyRaikar Chambers Premises Coop Hsg Soc Ltd
Floor3rd floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Commercial Office bank auction in Deonar, Mumbai by IDBI Bank — reserve price ₹63,00,000, 330 sq. ft., Physical possession.

Invest in a prime commercial office space available through a bank auction in Deonar, Mumbai. Located in Raikar Chambers, this 330 sq. ft. office unit (Office no 302) is situated in a well-connected area near Govandi Station Road. This bank auction property offers a great opportunity for businesses or investors looking for commercial real estate in Mumbai. The property is offered with physical possession, ensuring a smoother transition for the successful bidder. With a reserve price of ₹63 Lakhs, this commercial shop/office for sale is ideal for those seeking an established business location. Ensure you complete your EMD submission by 29.09.2026 to participate in the e-auction scheduled for 30.09.2026. Don't miss this chance to acquire a commercial asset in the heart of Mumbai's growing commercial landscape.

GeoSquare note: This property is a strong investment option due to its established commercial location in Deonar and the benefit of physical possession. The clear title status provided by the bank and the manageable unit size make it an attractive entry-level commercial acquisition.

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