Flat for Auction Chembur Mumbai 24.9 Lakh by Bank of India
Chembur, Mumbai
Area: 225.00 sq. ft.
Flat No. 405, Buid. No-D-3, Shree Dhanlaxmi D3 CHSL, MMR D Colony, R. C. Marg, Chembur (E), Bharat Nagar, Anik, Mumbai-400074
Bank of India · Recovery department
Reserve price
₹24,90,000
EMD ₹2,50,000
Auction date
09 Oct 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 225.00 sq. ft.
- ▸Locality: Chembur
- ▸Reserve: ₹24,90,000
- ▸EMD: ₹2,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Chembur |
| Built-up / plot area | 225.00 sq. ft. |
| Lender | Bank of India |
| Branch | Recovery department |
| Unit / flat no. | 405 |
| Building / society | Shree Dhanlaxmi D3 CHSL |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur, Mumbai by Bank of India — reserve price ₹24,90,000, 225.00 sq. ft., Symbolic possession.
Participate in the upcoming Bank of India auction for a residential property located in the heart of Chembur, Mumbai. This flat (No. 405) in Shree Dhanlaxmi D3 CHSL offers a compact living space of 225.00 sq. ft., making it an ideal entry-level property investment in a prime Mumbai location. The property is available under symbolic possession, providing a unique opportunity for investors looking for value-driven bank auction properties. With a reserve price of ₹24.90 Lakhs, this auction is a significant opportunity for home buyers and real estate investors. The auction is scheduled for 09-10-2026. Interested bidders should note the location in Bharat Nagar, Anik, Chembur and complete all mandatory KYC and EMD requirements prior to the auction date.
GeoSquare note: The property is located in the well-connected suburb of Chembur, which is a major positive for long-term value. However, the small carpet area of 225 sq. ft. and the symbolic possession status make this a better fit for experienced investors rather than end-users. The reserve price is competitive for the Mumbai real estate market.
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