Flat for Auction Andheri West Mumbai 7 Crore by Axis Bank
Andheri West, Mumbai
Area: 177.06 sq. mtrs
Flat No. 1501 B Wing, 15th Flr Gurnani Palms, Jai Bhavani Mata Marg, Cts No. 313, 478, 479, Andheri West, Mumbai Suburban 400058
Axis Bank · Navi Mumbai
Reserve price
₹6,95,79,000
EMD ₹69,57,900
Auction date
06 Oct 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 177.06 sq. mtrs
- ▸Locality: Andheri West
- ▸Reserve: ₹6,95,79,000
- ▸EMD: ₹69,57,900
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Andheri West |
| Built-up / plot area | 177.06 sq. mtrs |
| Lender | Axis Bank |
| Branch | Navi Mumbai |
| Unit / flat no. | 1501 B Wing |
| Building / society | Gurnani Palms |
| Floor | 15th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Flat bank auction in Andheri West, Mumbai by Axis Bank — reserve price ₹6,95,79,000, 177.06 sq. mtrs, Symbolic possession.
Participate in the upcoming bank auction for a prime residential flat located in Gurnani Palms, Andheri West, Mumbai. This spacious property, measuring 177.06 sq. mtrs, is situated on the 15th floor and offers an excellent opportunity for investors and homebuyers looking for property in a sought-after Mumbai suburb. The flat is being auctioned by Axis Bank under SARFAESI Act provisions with a reserve price of ₹6.95 Crores. With its strategic location near Jai Bhavani Mata Marg, this bank auction property presents significant investment potential in the Andheri West real estate market. Interested bidders must note the symbolic possession status and ensure EMD submission by the deadline. Don't miss this chance to acquire a high-value residential asset in one of Mumbai's most prestigious localities.
GeoSquare note: The property is located in the highly desirable Andheri West micro-market, making it a lucrative asset. While the possession status is currently symbolic, the large carpet area of 177.06 sq. mtrs adds substantial value. It is a strong investment option for those capable of handling the legal transition to physical possession.
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