Flat for Auction Chembur East Mumbai 20 Lakh by State Bank of India
Chembur (East), Mumbai
Area: 225 sq. ft.
Flat No. 206, 2nd Floor, Shree Akashdeep CHSL, Divana Building No. 15, M. M. R. D. A. Colony, Mahul Road, Vashi Naka, Chembur (East), Mumbai 400074
State Bank of India · Stressed Assets Recovery Branch, Mumbai
Reserve price
₹20,00,000
EMD ₹2,00,000
Auction date
06 Oct 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 225 sq. ft.
- ▸Locality: Chembur (East)
- ▸Reserve: ₹20,00,000
- ▸EMD: ₹2,00,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Chembur (East) |
| Built-up / plot area | 225 sq. ft. |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch, Mumbai |
| Unit / flat no. | 206 |
| Building / society | Shree Akashdeep CHSL, Divana Building No. 15 |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur (East), Mumbai by State Bank of India — reserve price ₹20,00,000, 225 sq. ft., Physical possession.
Participate in this exclusive bank auction property opportunity featuring a residential flat in Chembur (East), Mumbai. This bank auction property, located at Shree Akashdeep CHSL, offers 225 sq. ft. of carpet area on the 2nd floor. Situated in the well-connected locality of Vashi Naka, Chembur, this flat is an ideal option for budget-conscious buyers looking for residential real estate in Mumbai. The property is under the physical possession of the State Bank of India, ensuring a transparent transfer process. With a reserve price of ₹20,00,000, this is a prime asset for investors and homebuyers alike. Interested bidders must review the auction terms and complete inspection by 24th September 2026. Don't miss this opportunity to bid on a strategically located property in Mumbai through the State Bank of India e-auction process.
GeoSquare note: This property is a strong buy due to the bank holding physical possession, which significantly reduces legal risks for the buyer. Its location in Chembur (East) offers decent connectivity, and the entry price point is highly competitive for the Mumbai market. It is an excellent opportunity for those looking for an affordable residential unit.
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