Flat for Auction Chembur Mumbai 48.6 Lakh by Bank of India 08 May 2026
Chembur, Mumbai
Area: 426 Sq.ft.
Flat no.301, 3rd floor, B Wing Srushti Raj Tower (Under Construction) Survey No- 14 (part) CTS No-507/pt Village Kirol Tilak Nagar Chembur Mumbai 400089
Bank of India · Asset Recovery Department
Reserve price
₹48,63,000
EMD ₹4,86,000
Auction date
08 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 426 Sq.ft.
- ▸Locality: Chembur
- ▸Reserve: ₹48,63,000
- ▸EMD: ₹4,86,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Chembur |
| Built-up / plot area | 426 Sq.ft. |
| Lender | Bank of India |
| Branch | Asset Recovery Department |
| Unit / flat no. | 301 |
| Building / society | Srushti Raj Tower |
| Floor | 3rd |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Chembur, Mumbai by Bank of India — reserve price ₹48,63,000, 426 Sq.ft., Symbolic possession.
Seize this opportunity to acquire a bank auction property! This residential flat, located in Chembur, Mumbai, is available through e-auction by Bank of India. The property, Flat no. 301 in Srushti Raj Tower, spans 426 sq. ft. and comes with symbolic possession. With a reserve price of ₹48.63 Lakh and an EMD of ₹4.86 Lakh, this bank auction offers a great investment potential in a prime location. Don't miss out on this chance to own a flat in Mumbai through a bank auction!
GeoSquare note: The flat is located in Chembur, a decent Mumbai locality, and is available through a bank auction. However, the symbolic possession might delay immediate occupancy or rental income and the property is under construction. The reserve price is relatively reasonable for the area, making it a fair option for investors willing to navigate the possession process.
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