Factory land and Building for auction Andheri East Mumbai 23 Cr Bank of India

This is a bank auction for a factory land and building located in the prime area of Andheri East, Mumbai, Maharashtra. The property is categorized as industrial asset and is being auctioned by the Bank of India under the SARFAESI Act. M/s. Sanghavi Jewel Pvt. Ltd. is the borrower. This is a significant opportunity to acquire a substantial industrial property in a well-connected and developing part of Mumbai.

The Bank of India is conducting a SARFAESI auction for a factory land and building in Andheri East, Mumbai. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this industrial asset is ₹23,00,00,000 (Twenty-Three Crores), with an Earnest Money Deposit (EMD) of ₹2,30,00,000 (Two Crores Thirty Lakhs). Interested bidders are advised to review all auction terms and conditions prior to participating.

The property's location in Andheri East, a key industrial zone in Mumbai, combined with its substantial size, makes it a valuable asset. The auction terms, including a specified reserve price and EMD, provide a clear investment framework. This opportunity presents a strong potential for a buyer looking for industrial space in a strategic location.