Flat for Auction Chembur East Mumbai 1.7 Crore by Punjab National Bank
Chembur East, Mumbai
Area: 950 sq. ft.
Flat No 2, 2nd Floor, Prakash Bhuvan, Sindhi Immigrants CHSL, Sindhi Society, Chembur East, Mumbai - 400071
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹1,71,00,000
EMD ₹17,10,000
Auction date
02 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 950 sq. ft.
- ▸Locality: Chembur East
- ▸Reserve: ₹1,71,00,000
- ▸EMD: ₹17,10,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Chembur East |
| Built-up / plot area | 950 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | Flat No 2 |
| Building / society | Prakash Bhuvan, Sindhi Immigrants CHSL |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur East, Mumbai by Punjab National Bank — reserve price ₹1,71,00,000, 950 sq. ft., Symbolic possession.
Explore this prime residential bank auction property located in the heart of Chembur, Mumbai. This spacious 950 sq. ft. flat is situated on the 2nd floor of Prakash Bhuvan, Sindhi Immigrants CHSL, Sindhi Society. Being offered by Punjab National Bank, this property represents a significant investment opportunity in one of Mumbai's well-connected residential hubs. Interested bidders can participate in the upcoming e-auction scheduled for September 2, 2026. With a reserve price of ₹1.71 Crore and an EMD of ₹1.71 Lakh, this is an ideal chance for homebuyers and investors looking for residential flat for sale in Chembur through a transparent bank auction process. Ensure all submissions are completed before the auction date to participate in this exclusive sale.
GeoSquare note: The property is located in the well-established Sindhi Society of Chembur, which is a highly sought-after residential area in Mumbai. While the possession status is symbolic, the size of 950 sq. ft. and the competitive reserve price make it a strong investment option. It offers high value for those looking for a residential asset in a prime location.
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