Representative illustration — Flat bank auction in Bhandup (E)
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

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

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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

PossessionSymbolic
Property typeFlat · Residential
LocalityBhandup (E)
Built-up / plot area1631.0 sq ft
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.Flat No. 713
Building / societyDevershi Apartment, The Advailt CHSL
Floor7th Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

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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