Flat for auction 403 No 132 of TPS III and CTS No 322 of Vill, Suburban, Mumbai by SBI

This meticulously described flat offers a generous living space within the well-constructed "Hansh Priya CHS Ltd" building, erected in 2008. Situated on the 4th floor, it boasts a comfortable 1132 sq ft of built-up area, complemented by a practical 932 sq ft carpet area, ideal for a family. The building's infrastructure includes a stilt parking level and seven upper floors, serviced by a lift, ensuring convenience and accessibility. The property's location in Borivali West, a highly sought-after suburban district of Mumbai, is a significant advantage. This area is renowned for its robust social infrastructure, featuring numerous schools, hospitals, markets, and recreational facilities, all within easy reach. Excellent connectivity via road and rail networks further enhances its appeal, making daily commutes and travel across the city effortless. The flat represents a sound investment in a thriving urban locale, offering both a comfortable residence and the potential for future value growth, appealing to new buyers seeking a property in a prime Mumbai neighborhood.

This SARFAESI auction presents a prime opportunity to acquire a residential flat in the bustling Suburban area of Mumbai, Maharashtra. The property, located at Flat No 403, 4th Floor, Hansh Priya CHS Ltd, Off Factory Lane, Borivali (W), Mumbai - 400092, offers a substantial built-up area of 1132 sq ft and a carpet area of 932 sq ft. Constructed in 2008, the building features a stilt plus seven floors with lift access, indicating modern amenities. Borivali West is a well-established residential hub, known for its excellent connectivity, proximity to essential services, educational institutions, healthcare facilities, and vibrant commercial spaces. This location provides a desirable lifestyle and significant potential for capital appreciation. The auction process is facilitated by BAANKNET on behalf of the State Bank of India, with a reserve price of INR 25,200,000 and an Earnest Money Deposit (EMD) of INR 2,520,000. Prospective buyers are advised to conduct thorough due diligence and review all auction-related documentation. The auction is scheduled to take place on July 31, 2025, from 11:00 AM to 4:00 PM, with the application submission deadline on July 30, 2025, by 5:00 PM.