Property for Auction in Malad West, Mumbai, Maharashtra
Auction ID:553758
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,70,00,000
EMD:₹17,00,000
Service Provider:BAANKNET
Submission Date:08-09-2025 05:00 PM
Bid Start Date:09-09-2025 11:00 AM
This auction features a residential flat located in the desirable area of Malad West, Mumbai, Maharashtra. Previously owned by Shaji Balan Nambiar, the property is being auctioned by the Bank of India. Malad West is a well-connected and vibrant locality, offering excellent access to commercial hubs, educational institutions, healthcare facilities, and entertainment options. The property presents a solid investment or residential opportunity in one of India's most dynamic real estate markets.
State:Maharashtra
City:Mumbai
Area:Malad West
Asset Category:Residential
Bank of India is conducting a SARFAESI auction for a residential flat in Malad West, Mumbai, Maharashtra. The auction will take place on September 9, 2025, from 11:00 AM to 5:00 PM. The reserve price for this property is ₹17,000,000, with an Earnest Money Deposit (EMD) of ₹1,700,000 required to participate. This is a prime opportunity to acquire a property in a sought-after Mumbai location.
Borrower Name:Shaji Balan Nambiar
Auction Type:SARFAESI Auction
Contact No. 9766146106