Representative illustration — Flat bank auction in Borivali East
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Borivali East Mumbai 1.8 Crore by Bank of Maharashtra 14 May 2026

Borivali East, Mumbai

Area: 606 Sqft

Flat No. 1501, 15th Floor, Building Known As "66 Palazzio", Cts No 164,164/1 To 164/7 Of Village Kanheri, New Final Plot No 36a, Tps Scheme li, Chogle Wadi, Carter Road No 1, Borivali East, Mumbai 400066

Bank of Maharashtra · MUMBAI NORTH ZONAL OFFICE

Reserve price

₹1,80,00,000

EMD ₹18,00,000

Auction date

14 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 606 Sqft
  • Locality: Borivali East
  • Reserve: ₹1,80,00,000
  • EMD: ₹18,00,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityBorivali East
Built-up / plot area606 Sqft
LenderBank of Maharashtra
BranchMUMBAI NORTH ZONAL OFFICE
Unit / flat no.1501
Building / society66 Palazzio
Floor15th Floor
Auction typeSARFAESI Auction
Service providerebkray

About this property

Flat bank auction in Borivali East, Mumbai by Bank of Maharashtra — reserve price ₹1,80,00,000, 606 Sqft, Symbolic possession.

This bank auction property features a 2BHK flat located in the prime area of Borivali East, Mumbai. The flat, situated on the 15th floor of '66 Palazzio', offers 606 sqft of carpet area. It's an excellent opportunity to acquire a residential property in a sought-after location through a bank auction. With a reserve price of ₹18,000,000 and symbolic possession, this property is ideal for families or investors looking for bank auction property in Mumbai. Don't miss out on this lucrative investment in Borivali.

GeoSquare note: The 2BHK flat in Borivali East presents a strong buying opportunity due to its prime Mumbai location and reasonable reserve price. The symbolic possession adds a degree of complexity, but the potential for investment gains in this area makes it a worthwhile consideration. The property is strategically located and available through a bank auction, enhancing its accessibility.

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