Flat for auction 703 Revati Apartment, Kurla, Mumbai by SBI

Located in the vibrant locale of Kurla, Mumbai, this residential flat offers a promising investment for new property buyers. Situated on the 7th Floor of Laxmi Niwas, Revati Apartment CHS, the property boasts a carpet area of 354.74 sq ft. The address, CTS No. 32A/2, Sy No. 27, Hissa No. 3/A, village- Kirol, Tal-Kurla (Ghatkopar West), places it within the Mumbai Suburban district, a region known for its developing infrastructure and accessibility. As a residential asset in a major metropolitan hub, this property holds potential for both self-occupation and rental income. The proximity to essential amenities, transportation networks, and commercial centers in Mumbai enhances its appeal. Buyers should familiarize themselves with the specific details of the property and its condition before participating in the auction, ensuring it aligns with their investment goals and requirements.

This SARFAESI auction, conducted by the State Bank of India, presents a unique opportunity to acquire a residential flat in the well-connected area of Kurla, Mumbai. The auction is scheduled to take place on July 31, 2025, with bidding open between 11:00 AM and 01:00 PM. A crucial deadline for application submission is July 30, 2025, by 05:00 PM. The property is offered with a reserve price of ₹7,000,000, requiring an Earnest Money Deposit (EMD) of ₹700,000. Prospective buyers are encouraged to conduct thorough due diligence on the property and the auction terms prior to the bidding period. For any queries or further information regarding the auction process or the property itself, interested parties can reach out to Mr. Pranesh Thakur at 7087438999 or Mr. Bipin Kumar Singh at 9702479741. Participation in bank auctions requires careful consideration of legal and financial aspects to ensure a smooth transaction.