Representative illustration — Flat bank auction in Chembur
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

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

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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

PossessionPhysical
Property typeFlat · Residential
LocalityChembur
Built-up / plot area225.00 sq. ft.
LenderCanara Bank
BranchARM BRANCH MUMBAI
Unit / flat no.Flat No. 706
Building / societySai Niketan Co-Operative Housing Society Limited
Floor7th Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

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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