Flat for auction Borivali Mumbai 4 Cr Bank of Maharashtra

Property for Auction in Borivali, Mumbai, Maharashtra

Recommendation
Strong BuyScore: 7.8
Possession
Constructive
Reserve Price
3,71,89,000
Reserve Price
3,71,89,000
EMD Required
37,18,000
Property Specifications
Society/BuildingThakur Jewel
Unit No.B/603
Floor6th Floor
Possession StatusConstructive
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Borivali, Mumbai
Auction Date IconAuction Date:
14-11-2025 11:00 AM

Auction Details

Recommendation:Strong BuyScore: 7.8

Auction ID:612037

Bank Name:Bank of Maharashtra

Branch Name:MUMBAI NORTH ZONAL OFFICE

Reserve Price:3,71,89,000

EMD:37,18,000

Bid Increment:1,00,000

Auction Time:11:00 a.m. to 3:00 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-13

Bid Start Date:2025-11-14

Property Description

A residential flat located in the bustling area of Borivali, Mumbai. This property is part of a SARFAESI auction conducted by the Bank of Maharashtra. Ideal for individuals or families seeking a home in a well-connected and developed locality of Mumbai.

State:Maharashtra

City:Mumbai

Area:Borivali

Asset Category:Residential

Full Address:B/603, Thakur Jewel, Flat No.B/603, 6th Floor, B-Wing, Building No.5, Thakur Jewel, Village Poisar Taluka Borivali, Dist Mumbai - 400101, Borivali, Mumbai

Building/Society:Thakur Jewel

Auction Description

This is a SARFAESI auction for a residential flat in Borivali, Mumbai, presented by the Bank of Maharashtra. The auction has a reserve price of ₹3,71,89,000 and requires an EMD of ₹37,18,000. Bidding will take place on November 14, 2025, between 11:00 AM and 03:00 PM. Don't miss this opportunity to acquire a property in a prime Mumbai location.

Borrower Name:Shri Dilip Ramjag Gupta

Auction Type:SARFAESI Auction

Guarantor Names:Shri Dilip Ramjag Gupta, Smt. Mamta Dilip Gupta

Legal Details

Possession Status:Constructive

Encumbrance Details:Not Known

Why This Property

The flat's location in Borivali, Mumbai, combined with a reasonable reserve price, makes it a strong investment opportunity. The 'Constructive' possession status might require additional due diligence, but the overall potential appears promising. The auction terms, including the EMD and auction date, are standard, adding to the appeal.

Contact Details

Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE

Service Provider:BAANKNET

Contact Details:

Suman Kumar Jha

Contact no:8530253773

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