Flat for auction Borivali Mumbai 4 Cr Bank of Maharashtra

Property for Auction in Borivali, Mumbai, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
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:Calculated OpportunityScore: 6.8

Auction ID:612038

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 Borivali, Mumbai, Maharashtra, is being auctioned by the Bank of Maharashtra. This property is offered under SARFAESI auction rules. The borrower for this asset is Shri Dilip Ramjag Gupta. Further details regarding the specific location within Borivali, size, amenities, and condition of the flat are available upon request or through the official auction notice.

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

The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Borivali, Mumbai. The auction will commence on November 14, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. The reserve price for this auction is ₹3,71,89,000.00, with an Earnest Money Deposit (EMD) of ₹37,18,000.00 required to participate. Interested bidders are advised to review all auction terms and conditions and conduct their own due diligence before bidding.

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, is a positive factor. However, the 'constructive' possession status and the limited information impact the overall appeal. It represents a calculated opportunity for buyers familiar with the area.

Contact Details

Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE

Service Provider:BAANKNET

Contact Details:

Suman Kumar Jha

Contact no:8530253773

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