Flat for Auction Chembur Mumbai 2.8 Crore by State Bank of India
Chembur, Mumbai
Area: 1337 sq. ft.
Flat No. 504, 5th Floor, MM Spectra, Eastern Express Highway, Chembur, Mumbai - 400 071
State Bank of India · Stressed Assets Recovery Branch, Mumbai
Reserve price
₹2,77,00,000
EMD ₹27,70,000
Auction date
29 Sep 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 1337 sq. ft.
- ▸Locality: Chembur
- ▸Reserve: ₹2,77,00,000
- ▸EMD: ₹27,70,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Chembur |
| Built-up / plot area | 1337 sq. ft. |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch, Mumbai |
| Unit / flat no. | Flat No. 504 |
| Building / society | MM Spectra |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur, Mumbai by State Bank of India — reserve price ₹2,77,00,000, 1337 sq. ft., Physical possession.
Participate in this premium bank auction property sale featuring a spacious 3 BHK residential flat in MM Spectra, Chembur, Mumbai. Located strategically on the Eastern Express Highway, this 1337 sq. ft. flat offers excellent connectivity and modern living standards. This is a rare opportunity to acquire a high-value property in a prime Mumbai locality through an SBI bank auction. The property is currently under the physical possession of the bank, ensuring a transparent acquisition process. With a reserve price of ₹2.77 Crore, this flat is an ideal investment for families and real estate investors looking for residential real estate in Mumbai. Interested bidders must complete the EMD process before the auction date on 29.09.2026. Don't miss this chance to secure a luxury apartment in a well-connected area of Chembur.
GeoSquare note: This property is a high-value asset located in the well-connected Chembur area of Mumbai, offering significant potential for appreciation. The fact that the bank holds physical possession significantly reduces the legal risk for the buyer, making it a very secure and attractive investment opportunity.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.