Flat for Auction Chembur E Mumbai 24.9 Lakh by Bank of India
Chembur (E), Mumbai
Area: 225.00 sq. ft.
Flat No.- 405, Buid. No.-D-3, Shree Dhanlaxmi D3 CHSL, M. M. R. D Colony, R. C. Marg, Chembur (E), Bharat Nagar, Anik, Chembur (E), Mumbai-400074
Bank of India · Recovery Department,Mumbai North Zone
Reserve price
₹24,90,000
EMD ₹2,50,000
Auction date
09 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 225.00 sq. ft.
- ▸Locality: Chembur (E)
- ▸Reserve: ₹24,90,000
- ▸EMD: ₹2,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Chembur (E) |
| Built-up / plot area | 225.00 sq. ft. |
| Lender | Bank of India |
| Branch | Recovery Department,Mumbai North Zone |
| Unit / flat no. | Flat No. 405 |
| Building / society | Shree Dhanlaxmi D3 CHSL |
| Floor | 4th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Procure247.com |
About this property
Flat bank auction in Chembur (E), Mumbai by Bank of India — reserve price ₹24,90,000, 225.00 sq. ft., Symbolic possession.
Invest in this affordable residential bank auction property located in Chembur (E), Mumbai. This 1 BHK flat, measuring 225.00 sq. ft., is situated in the well-connected Shree Dhanlaxmi D3 CHSL complex. Offered by the Bank of India, this property is available under symbolic possession. With a competitive reserve price of ₹24,90,000, this is an excellent opportunity for first-time homebuyers or real estate investors looking for budget-friendly options in a prime Mumbai locality. Don't miss this bank auction property in Chembur, which presents a great potential for value appreciation. The auction is scheduled for 09-09-2026, and interested bidders are encouraged to conduct their own due diligence regarding the property status. Secure your asset in Mumbai's real estate market today through this transparent e-auction process.
GeoSquare note: The property is located in a high-demand city like Mumbai, which provides strong long-term growth potential. However, the 'Symbolic' possession status and the compact size of 225 sq. ft. suggest that the buyer may face challenges with physical takeover and occupancy. It remains a fair option for investors comfortable with the legal procedures involved in symbolic possession properties.
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