Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613013
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
This is a residential flat located in the prime area of Andheri West, Mumbai, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. Andheri West is a well-developed locality with excellent connectivity, social infrastructure, and commercial hubs, making it a desirable place to live. The flat offers a comfortable living space in a sought-after urban environment.
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 will take place on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM on the same day. The reserve price for this auction is ₹67,50,000, with an Earnest Money Deposit (EMD) of ₹6,75,000 required. This is a significant opportunity to acquire a property in a prominent Mumbai locality through a transparent auction process.
Borrower Name:Mr Ganesh Gopal Moorthy
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 positive factor. However, the smaller size of the flat may limit its appeal to some buyers. The symbolic possession status also adds an element of risk, requiring careful evaluation.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:7587482384
