Flat for Auction Chembur Mumbai 1.5 Crore by Bank of Maharashtra 16 Jun 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
16 Jun 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
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Chembur |
| Built-up / plot area | 1600 sq. ft. |
| Lender | Bank of Maharashtra |
| Branch | Navi Mumbai Zonal Office |
| Unit / flat no. | 7 & 8 |
| Building / society | Gayatri Apartment |
| Floor | 4th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur, Mumbai by Bank of Maharashtra — reserve price ₹1,53,90,000, 1600 sq. ft., Symbolic possession.
Secure a prime residential property through this bank auction in Chembur, Mumbai. This flat, located in Gayatri Apartment near Collectors Colony on R C Marg, offers 1600 sq. ft. of space. The e-auction is scheduled for June 16, 2026, with a reserve price of ₹15390000 and an EMD of ₹1539000. Benefit from symbolic possession and a strategic location near key landmarks such as Sant Nirankari Bhavan and FCI Mumbai. Don't miss out on this excellent opportunity for a residential flat for sale in Chembur.
GeoSquare note: This flat in Chembur presents a solid investment opportunity due to its location and size. The reserve price of ₹15390000 makes it competitively priced for the area. Symbolic possession may require additional legal steps, but the potential for appreciation in Chembur's real estate market justifies a 'Strong Buy' recommendation.
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