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

Flat for Auction Borivali East Mumbai 58.9 Lakh by Tamilnad Mercantile Bank Limited

Borivali East, Mumbai

Area: 279.87 sq. ft.

Flat No. A-1, Matru Krupa Kunj Co-operative Housing Society Limited, Carter Road No.3, Near Ambaji Temple, Madhav Desai Road, Borivali East, Mumbai, Maharashtra - 400066

Tamilnad Mercantile Bank Limited · ANDHERI WEST BRANCH

Reserve price

₹58,86,900

EMD ₹5,88,690

Auction date

12 Oct 2026, 03:00 PM

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Quick read

  • Possession: Constructive
  • Area: 279.87 sq. ft.
  • Locality: Borivali East
  • Reserve: ₹58,86,900
  • EMD: ₹5,88,690

Auction snapshot

PossessionConstructive
Property typeFlat · Residential
LocalityBorivali East
Built-up / plot area279.87 sq. ft.
LenderTamilnad Mercantile Bank Limited
BranchANDHERI WEST BRANCH
Unit / flat no.Flat No. A-1
Building / societyMatru Krupa Kunj Co-operative Housing Society Limited
FloorGround Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Flat bank auction in Borivali East, Mumbai by Tamilnad Mercantile Bank Limited — reserve price ₹58,86,900, 279.87 sq. ft., Constructive possession.

Explore this prime bank auction property located in Borivali East, Mumbai. This residential flat, situated in the well-known Matru Krupa Kunj Co-operative Housing Society, offers a built-up area of 279.87 sq. ft. on the ground floor. Ideally located near Ambaji Temple on Madhav Desai Road, this property represents a significant opportunity for investors and homebuyers looking for real estate in a well-connected suburban locality. The auction is being conducted by Tamilnad Mercantile Bank Limited. Interested bidders should note the auction date of 12-10-2026. This bank auction property is an excellent choice for those seeking to purchase residential real estate at a competitive reserve price of ₹58,86,900. Secure your investment in the heart of Borivali today.

GeoSquare note: The property is located in the established residential hub of Borivali East, which ensures good connectivity and demand. While the unit size is compact (279.87 sq. ft.), the price point is attractive for Mumbai standards; however, potential buyers should account for the 'Constructive' possession status, which implies the bank does not hold physical control of the unit.

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