Representative illustration — Commercial Office bank auction in Lower Parel
Representative illustration — not the actual property photograph.
Commercial Office Commercial Physical possession Prime Investment

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

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Quick read

  • Possession: Physical
  • Locality: Lower Parel
  • Reserve: ₹33,21,00,000
  • EMD: ₹3,32,01,000

Auction snapshot

PossessionPhysical
Property typeCommercial Office · Commercial
LocalityLower Parel
LenderBank of India
BranchSpecialised Asset Recovery Management Branch
Unit / flat no.B2-501 & C-501
Building / societyInnova Building, Marathon NextGen
Floor5th Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerPublic 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.

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