Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613021
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹67,50,000
EMD:₹6,75,000
Bid Increment:₹50,000
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
A residential flat located in the prime area of Andheri West, Mumbai, Maharashtra. This property is being auctioned by the Bank of India under the SARFAESI Act. Ideal for individual buyers or investors seeking a property in a well-connected and sought-after urban locale.
State:Maharashtra
City:Mumbai
Area:Andheri West
Asset Category:Residential
Full Address:601, Shrey apartment CHSL, Flat No. 601, 6th Floor, B wing, Shrey apartment CHSL, Near Azad Nagar Bus Stop, Veer Desai Road, Andheri West, Mumbai-400058, Andheri West, Mumbai
Building/Society:Shrey apartment CHSL
Size:29.14 Sq. Mt
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Andheri West, Mumbai. The auction begins on December 9, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. The reserve price is set at ₹67,50,000, with an Earnest Money Deposit (EMD) of ₹6,75,000 required to participate. This is a significant opportunity to acquire a property in a developed Mumbai locality.
Borrower Name:Mrs. G. Ammu
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. G. Ammu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Andheri West is a plus, but the small size and symbolic possession temper its investment potential. The reserve price seems reasonable, but further due diligence is needed. This presents a calculated opportunity for buyers familiar with the area and property type.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7587482384
