Flat for Auction Chembur Mumbai 10.7 Lakh by Canara Bank
Chembur, Mumbai
Area: 225.00 sq. ft.
Flat No.706, 7th Floor, Building No. 16, Sai Niketan Co-Operative Housing Society Limited, M.M.R.D.A Colony, R.c Marg, Near Rna Park, Chembur Village Anik, Taluka Kurla, Mumbai Suburban-400074
Canara Bank · ARM BRANCH MUMBAI
Reserve price
₹10,71,000
EMD ₹1,07,100
Auction date
19 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 225.00 sq. ft.
- ▸Locality: Chembur
- ▸Reserve: ₹10,71,000
- ▸EMD: ₹1,07,100
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Chembur |
| Built-up / plot area | 225.00 sq. ft. |
| Lender | Canara Bank |
| Branch | ARM BRANCH MUMBAI |
| Unit / flat no. | Flat No. 706 |
| Building / society | Sai Niketan Co-Operative Housing Society Limited |
| Floor | 7th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur, Mumbai by Canara Bank — reserve price ₹10,71,000, 225.00 sq. ft., Physical possession.
Explore this bank auction property located in the prime locality of Chembur, Mumbai. This residential flat, situated in the Sai Niketan Co-operative Housing Society at M.M.R.D.A Colony, offers a carpet area of 225 sq. ft. on the 7th floor. With the advantage of physical possession, this property represents a secure investment opportunity for potential buyers. The flat is located near Rna Park and is well-connected within the Kurla-Chembur region. Detailed auction information is available through Canara Bank, ARM Branch. Don't miss this opportunity to acquire a residential property in a established Mumbai suburb at a competitive reserve price. Ideal for individuals looking for affordable housing or a strategic real estate investment in Mumbai.
GeoSquare note: The property is a solid investment choice due to its physical possession status, which significantly reduces legal risks for the bidder. Located in the well-connected Chembur area of Mumbai, the small unit size makes it an affordable entry point into the Mumbai real estate market. The reserve price is competitive for this location, making it a strong option for residential use or rental income.
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