Property for Auction in Mahalaxmi, Mumbai, Maharashtra
Auction ID:552907
Bank Name:Bank of India
Branch Name:Asset Recovery Department
Reserve Price:₹6,80,74,000
EMD:₹68,07,000
Service Provider:BAANKNET
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:00 AM
This auction features a residential flat located in the prestigious Mahalaxmi area of Mumbai, Maharashtra. The property, previously owned by Mr. Vimal Mafallal Patel, is being auctioned by the Bank of India under SARFAESI provisions. Mahalaxmi is a well-connected and desirable locality in Mumbai, offering excellent amenities and lifestyle. This flat represents a significant investment opportunity in one of India's most dynamic real estate markets.
State:Maharashtra
City:Mumbai
Area:Mahalaxmi
Asset Category:Residential
Bank of India presents a SARFAESI auction for a residential flat in Mahalaxmi, Mumbai, Maharashtra. The auction will take place on August 26, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹6,80,74,000 with an Earnest Money Deposit (EMD) of ₹68,07,000. This is a prime opportunity to acquire property in a sought-after Mumbai location. Don't miss this chance to bid on a valuable asset.
Borrower Name:Mr.Vimal Mafallal Patel
Auction Type:SARFAESI Auction
Contact no:8861604742 022-20872071/72