Flat for Auction Colaba Mumbai 4.9 Crore by Union Bank of India 26 May 2026
Colaba, Mumbai
Residential Amalgamated flat no. 701 & 702, 7th Floor, Building Known as Ajanta Apartments (Idea) Co-operative Housing Society Limited, Near Sassoon Dock, Shahid Bhagat Singh Road, Colaba, Mumbai, Maharashtra-400005
Union Bank of India · Regional Office : Mumbai (South)
Reserve price
₹4,86,77,500
EMD ₹48,67,750
Auction date
26 May 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Colaba
- ▸Reserve: ₹4,86,77,500
- ▸EMD: ₹48,67,750
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Colaba |
| Lender | Union Bank of India |
| Branch | Regional Office : Mumbai (South) |
| Unit / flat no. | 701 & 702 |
| Building / society | Ajanta Apartments (Idea) Co-operative Housing Society Limited |
| Floor | 7th Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Colaba, Mumbai by Union Bank of India — reserve price ₹4,86,77,500, Symbolic possession.
Explore this bank auction property in the prime location of Colaba, Mumbai. This residential amalgamated flat, numbered 701 & 702 on the 7th floor of Ajanta Apartments, is up for sale. The reserve price is ₹48677500.0, with an EMD of ₹4867750.0. Located near Sassoon Dock and Shahid Bhagat Singh Road, this bank auction property offers a great investment opportunity. Don't miss out on this chance to own a flat in one of Mumbai's most sought-after neighborhoods. Perfect for families or investors looking for a valuable asset.
GeoSquare note: This Colaba flat offers a strong investment opportunity due to its prime location in Mumbai and relatively high reserve price, indicating potential value. The symbolic possession might require additional due diligence. Overall, the property's location and type make it a worthwhile consideration for serious investors looking for bank auction property.
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