Flat for auction 303 Triveni Co Op Housing Society, Chembur, Mumbai by SBI

Nestled in the well-connected locality of Chembur, Mumbai, this property offers a valuable chance to own a residential flat. The flat, designated as B-303, is located on the 3rd Floor of the Triveni Co Op Housing Society Ltd building in Tilak Nagar, Chembur (400089). It boasts a generous carpet area of 960 sq ft, providing ample living space. Chembur is a sought-after residential hub in Mumbai, known for its excellent infrastructure, proximity to commercial centers, educational institutions, healthcare facilities, and entertainment options. The property's location in the suburban district of Mumbai ensures good connectivity and access to essential amenities. This flat, previously owned by Mr. Yatin Deshmukh & Mrs. Kumudini Deshmukh, presents a promising canvas for personalization and investment, appealing to those looking to establish themselves in a prime Mumbai locale.

This presents a significant opportunity for new property buyers to acquire a residential flat through a SARFAESI auction conducted by the State Bank of India. The auction, scheduled for July 31, 2025, from 11:00 AM to 4:00 PM, operates under specific guidelines managed by BAANKNET. To participate, prospective buyers must submit their applications by July 30, 2025, 05:00 PM. A critical component of the bidding process is the Earnest Money Deposit (EMD) of ₹21,20,000, which signifies a buyer's commitment. The reserve price for this property is set at ₹2,12,00,000. Familiarizing yourself with the SARFAESI Act and the specific terms and conditions of this auction is highly recommended. For detailed inquiries, interested parties can contact Shri. Rambhau Taktewale at 9561064635 or Shri Rohit Burman at 9834282797. Engaging with these points proactively will ensure a smoother and more informed auction experience.