Flat for Auction Colaba Mumbai 4.9 Crore by Union Bank of India
Colaba, Mumbai
Building Known as Ajanta Apartments (Ideal) Co-operative Housing Society Limited, Situated on the Plot bearing Collectors, New Survey No. 2/9664, Cadastral Survey No. 75 at Colaba in the city and Registration Sub-District of Mumbai.
Union Bank of India · Regional Office : Mumbai (South)
Reserve price
₹4,86,77,500
EMD ₹48,67,750
Auction date
14 Jul 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. | Flat No. 701 |
| Building / society | Ajanta Apartments (Ideal) Co-operative Housing Society Limited |
| Floor | 7th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Colaba, Mumbai by Union Bank of India — reserve price ₹4,86,77,500, Symbolic possession.
Discover a prime residential flat for sale through Union Bank of India e-auction. This exquisite Flat No. 701, located on the 7th Floor of Ajanta Apartments (Ideal) Co-operative Housing Society Limited in the highly sought-after Colaba area of Mumbai, presents an excellent investment opportunity. The property, situated on Collectors New Survey No. 2/9664, Cadastral Survey No. 75, boasts a competitive reserve price of ₹4,86,77,500.0. Interested bidders must submit an Earnest Money Deposit (EMD) of ₹4,867,750.0. The e-auction is scheduled for 2026-07-14, from 12:00 PM to 05:00 PM. The property is offered with Symbolic Possession. For more details on this valuable bank auction property in Colaba, Mumbai, contact Mr. Ajit Prasad.
GeoSquare note: This residential flat in Colaba, Mumbai, scores high due to its extremely prime location and property type, making it a strong investment. The reserve price aligns with market expectations for such an area. While possession is symbolic, which requires due diligence, the overall appeal and potential appreciation make it a highly recommended acquisition for investors seeking property in a premium metropolitan area.
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