Commercial Office for Auction Lower Parel Mumbai 33.2 Crore by Bank of India
Lower Parel, Mumbai
B2-501 & C-501, 5th Floor, Innova Building, Marathon NextGen, Lower Parel, Mumbai-400013
Bank of India · Specialised Asset Recovery Management Branch
Reserve price
₹33,21,00,000
EMD ₹3,32,01,000
Auction date
22 Sep 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: Physical
- ▸Locality: Lower Parel
- ▸Reserve: ₹33,21,00,000
- ▸EMD: ₹3,32,01,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Office · Commercial |
| Locality | Lower Parel |
| Lender | Bank of India |
| Branch | Specialised Asset Recovery Management Branch |
| Unit / flat no. | B2-501 & C-501 |
| Building / society | Innova Building, Marathon NextGen |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Commercial Office bank auction in Lower Parel, Mumbai by Bank of India — reserve price ₹33,21,00,000, Physical possession.
Explore this premium bank auction property located in the heart of Lower Parel, Mumbai. This commercial office space, situated in the prestigious Innova Building at Marathon NextGen, spans units B2-501 and C-501 on the 5th floor. The property includes 16 parking spaces and is available for immediate acquisition with physical possession secured by the Bank of India. This is a rare opportunity to invest in a high-demand commercial hub. The auction is scheduled for 22nd September 2026, with a reserve price of ₹33.21 Crores. Ideal for businesses looking for a strategic corporate address in Mumbai, this commercial office for sale offers excellent connectivity and modern infrastructure. Interested bidders should participate in the upcoming E-auction via Bank of India to secure this valuable real estate asset.
GeoSquare note: This property is a high-value commercial asset located in the prime business district of Lower Parel, Mumbai, within a well-known complex. With physical possession secured by the bank, the investment risk is significantly reduced compared to symbolic possession cases. Given its scale, including 16 parking spaces, it represents a strong investment opportunity for large-scale corporate entities.
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.
