Flat for auction 01 Vivekananda Education Society, Chembur, Mumbai by Canara

This property is a residential flat, designated as Flat No. 01, located on the ground floor of Shanti Niwas Building in the Collector's Colony area of Chembur, Mumbai. Situated opposite the Vivekananda Education Society (DBC High School), this flat boasts a built-up area of 366 sq. ft. Chembur is a highly sought-after residential hub in Mumbai, known for its excellent connectivity, social infrastructure, and thriving community. The locality offers proximity to educational institutions, healthcare facilities, shopping centers, and entertainment options, making it an ideal place for families and professionals alike. The flat's ground-floor location adds convenience, and the building is situated in a mature and well-developed part of Chembur, promising a comfortable and accessible lifestyle. This property represents a compelling opportunity for first-time homebuyers or investors looking for a well-located asset in one of Mumbai's prime suburbs.

This SARFAESI auction presents a unique opportunity to acquire a residential flat in the well-established locality of Chembur, Mumbai, presented by Canara Bank. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:00 AM to 12:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, at 5:00 PM. The reserve price for this property is set at ₹67,50,000, with an Earnest Money Deposit (EMD) of ₹6,75,000, indicating a strong opening bid. The auction is being managed by BAANKNET, a recognized service provider in the digital auction space. Interested parties are encouraged to review all sale documents and conduct thorough due diligence prior to the auction date. For any queries, please contact Mr. Dhamesh Asher at 9892219848.