Representative illustration — Flat bank auction in Chembur
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Chembur Mumbai 1.5 Crore by Bank of Maharashtra 14 May 2026

Chembur, Mumbai

Area: 1600 sq. Ft.

Flat No. 7 & 8, 4th Floor, B Wing, Gayatri Apartment, Near Collectors Colony, R C Marg, Opp. Sant Nirankari Bhavan, FCI Mumbai, Chembur, Mumbai- 400074

Bank of Maharashtra · Navi Mumbai Zonal Office

Reserve price

₹1,53,90,000

EMD ₹15,39,000

Auction date

14 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1600 sq. Ft.
  • Locality: Chembur
  • Reserve: ₹1,53,90,000
  • EMD: ₹15,39,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityChembur
Built-up / plot area1600 sq. Ft.
LenderBank of Maharashtra
BranchNavi Mumbai Zonal Office
Unit / flat no.7 & 8
Building / societyGayatri Apartment
Floor4th Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Chembur, Mumbai by Bank of Maharashtra — reserve price ₹1,53,90,000, 1600 sq. Ft., Symbolic possession.

Explore this bank auction property featuring a residential flat in Chembur, Mumbai. The flat, located in Gayatri Apartment, offers 1600 sq. ft. of space. This property is available through bank auction with a reserve price of ₹15,390,000. With symbolic possession, this Chembur flat presents a unique investment opportunity. Don't miss out on this bank auction property in a prime Mumbai location. Ideal for families or investors seeking a residential space with excellent connectivity.

GeoSquare note: This flat in Chembur, Mumbai, offers a good amount of space at 1600 sq ft and a relatively high reserve price indicating a prime location. Symbolic possession adds a layer of complexity and may delay immediate usability or rental income. The location in Chembur is desirable but further due diligence is recommended.

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