Flat for Auction Bhandup E Mumbai 1.2 Crore by Punjab National Bank 07 Jul 2026
Bhandup (E), Mumbai
Area: 1631.0 sq ft
Flat No. 713, 7th Floor, Devershi Apartment, Plot No 10, The Advailt CHSL, MD Keni Marg, Bhandup (E), 400042
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹1,22,43,000
EMD ₹12,24,300
Auction date
07 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1631.0 sq ft
- ▸Locality: Bhandup (E)
- ▸Reserve: ₹1,22,43,000
- ▸EMD: ₹12,24,300
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Bhandup (E) |
| Built-up / plot area | 1631.0 sq ft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | Flat No. 713 |
| Building / society | Devershi Apartment, The Advailt CHSL |
| Floor | 7th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Bhandup (E), Mumbai by Punjab National Bank — reserve price ₹1,22,43,000, 1631.0 sq ft, Symbolic possession.
Discover a prime **residential flat for auction** by **Punjab National Bank** in the sought-after **Bhandup, Mumbai** locality. This spacious property, Flat No. 713 on the 7th Floor of Devershi Apartment, The Advailt CHSL, boasts a substantial total built-up area of 1631 sq ft, including a 635 sq ft flat and an expansive 996 sq ft terrace. Located at MD Keni Marg, Bhandup (E), 400042, it offers excellent investment potential. The e-auction is scheduled for 2026-07-07 from 11:00 AM to 04:00 PM, with a reserve price of ₹12,243,000 and an EMD of ₹1,224,300. Bid increment is ₹25,000. This is a **bank auction property** with symbolic possession, making it a valuable opportunity for investors seeking **property for sale in Mumbai**.
GeoSquare note: This residential flat in Bhandup, Mumbai, presents a strong investment opportunity due to its prime location and significant total built-up area, including a large terrace. While currently under symbolic possession, common for bank auction properties, the competitive reserve price makes it an attractive proposition. The property offers good value in a key metropolitan area, justifying its 'Strong Buy' recommendation.
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