Flat for Auction Bhandup West Mumbai 1.1 Crore by State Bank of India
Bhandup (West), Mumbai
Area: 1232 sq. ft.
Gala No. 53, B Building, Sharad Industrial Estate, 140 Lake Road, Near Police Station, Bhandup (West), Mumbai-400078
State Bank of India · STRESSED ASSETS MANAGEMENT BRANCH-1
Reserve price
₹1,10,00,000
EMD ₹11,00,000
Auction date
15 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1232 sq. ft.
- ▸Locality: Bhandup (West)
- ▸Reserve: ₹1,10,00,000
- ▸EMD: ₹11,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Bhandup (West) |
| Built-up / plot area | 1232 sq. ft. |
| Lender | State Bank of India |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH-1 |
| Unit / flat no. | Gala No. 53 |
| Building / society | Sharad Industrial Estate |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Bhandup (West), Mumbai by State Bank of India — reserve price ₹1,10,00,000, 1232 sq. ft., Symbolic possession.
Explore this prime bank auction property featuring a commercial gala for sale in Sharad Industrial Estate, Bhandup (West), Mumbai. Located on the 2nd floor of B Building, this industrial unit offers a built-up area of 1232 sq. ft. Ideal for businesses looking for a strategic location in Mumbai, this property is available through an e-auction by the State Bank of India. The auction includes a reserve price of ₹1.10 Crore. Interested investors can inspect the property on 03.09.2026. Benefit from this lucrative opportunity to acquire commercial space in a well-connected industrial hub. Participation requires EMD submission as per bank guidelines. Don't miss this opportunity to invest in a bank auction property in Mumbai.
GeoSquare note: The property is located in a established industrial estate in Bhandup, making it a solid commercial investment. While the possession status is symbolic, the reserve price is competitive for the Mumbai market. It is recommended for buyers seeking industrial space with significant growth potential.
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