Flat for Auction Andheri West New Link Road Mumbai 16.5 Crore by Punjab National Bank
Andheri West, New Link Road, Mumbai
Area: 7700 sq. ft.
6th and 7th floor, Adhikari Chambers, Oberoi Complex, New Link Road, Andheri (West), Mumbai-400053
Punjab National Bank · Stressed Asset Management Branch : Mumbai
Reserve price
₹16,52,00,000
EMD ₹1,65,20,000
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 7700 sq. ft.
- ▸Locality: Andheri West, New Link Road
- ▸Reserve: ₹16,52,00,000
- ▸EMD: ₹1,65,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Andheri West, New Link Road |
| Built-up / plot area | 7700 sq. ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch : Mumbai |
| Unit / flat no. | 6th and 7th floor premises |
| Building / society | Adhikari Chambers, Oberoi Complex |
| Floor | 6th and 7th |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Andheri West, New Link Road, Mumbai by Punjab National Bank — reserve price ₹16,52,00,000, 7700 sq. ft., Symbolic possession.
Discover a prime commercial property for sale through a bank auction by Punjab National Bank. Located on the 6th and 7th floors of the prestigious Adhikari Chambers in the Oberoi Complex, New Link Road, Andheri West, Mumbai-400053, this spacious commercial premises spans 7700 sq. ft. Ideal for businesses seeking a strategic location in Mumbai, this bank auction property offers a significant investment opportunity. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 04:00 PM, with a reserve price of ₹16.52 Crore and an EMD of ₹1.652 Crore. Don't miss this chance to acquire a valuable commercial asset in a sought-after area through a secured creditor sale.
GeoSquare note: This commercial property scores high due to its prime location in Andheri West, Mumbai, a sought-after business hub, and its substantial size of 7700 sq. ft. The price range is competitive for the area, making it a strong investment. However, the possession status being symbolic and 'Not Known' encumbrances slightly reduce the score, requiring due diligence from potential buyers. Overall, it's a good opportunity for commercial property investors.
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