Flat for Auction Cumballa Hill Mumbai 1.3 Crore by Bank of Maharashtra
Cumballa Hill, Mumbai
Area: 228.41 sq. ft.
Flat No. 601, 6th Floor, B-Wing, Shreepati Arcade, Nana Chowk, August Kranti Marg, Mumbai 400 036, bearing C S No 522,523,524 situated at Malabar Hill G Cumballa Hill Division Mumbai 400036.
Bank of Maharashtra · Mumbai South Zonal Office,
Reserve price
₹1,27,00,000
EMD ₹12,70,000
Auction date
05 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 228.41 sq. ft.
- ▸Locality: Cumballa Hill
- ▸Reserve: ₹1,27,00,000
- ▸EMD: ₹12,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Cumballa Hill |
| Built-up / plot area | 228.41 sq. ft. |
| Lender | Bank of Maharashtra |
| Branch | Mumbai South Zonal Office, |
| Unit / flat no. | Flat No. 601 |
| Building / society | Shreepati Arcade, B-Wing |
| Floor | 6th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Cumballa Hill, Mumbai by Bank of Maharashtra — reserve price ₹1,27,00,000, 228.41 sq. ft., Symbolic possession.
Discover a prime residential bank auction property in the coveted Cumballa Hill area of Mumbai. This spacious Flat No. 601, located on the 6th floor of B-Wing, Shreepati Arcade, offers a carpet area of 228.41 sq. ft. Situated near Nana Chowk on August Kranti Marg, this flat boasts an excellent address in a high-demand locality (Mumbai 400036). The e-auction by Bank of Maharashtra features a competitive reserve price of ₹1,27,00,000 and an EMD of ₹12,70,000. While possession is symbolic, this residential flat for sale is an ideal opportunity for investors and homebuyers seeking a valuable asset in Mumbai's premium real estate market. Don't miss this chance to acquire a bank auction property in Cumballa Hill.
GeoSquare note: This 6th-floor flat in Shreepati Arcade, Cumballa Hill, Mumbai, represents a strong investment opportunity primarily due to its prime and highly sought-after location. Although possession is symbolic, the reserve price of ₹1.27 Crore for a 228.41 sq. ft. flat in a premium residential area of Mumbai offers significant value. Potential buyers should conduct thorough due diligence, but the property's address, type, and auction terms make it a compelling proposition.
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