Representative illustration — Flat bank auction in Cumballa Hill
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Cumballa Hill Mumbai 1.4 Crore by Bank of Maharashtra 25 May 2026 2

Cumballa Hill, Mumbai

Flat No. 601 6th Floor, B-Wing, Shreepati Arcade, Nana Chowk, August Kranti Marg, Mumbai 400 036

Bank of Maharashtra · Mumbai South Zonal Office,

Reserve price

₹1,42,00,000

EMD ₹14,20,000

Auction date

25 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Locality: Cumballa Hill
  • Reserve: ₹1,42,00,000
  • EMD: ₹14,20,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityCumballa Hill
LenderBank of Maharashtra
BranchMumbai South Zonal Office,
Unit / flat no.601
Building / societyShreepati Arcade
Floor6th Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Flat bank auction in Cumballa Hill, Mumbai by Bank of Maharashtra — reserve price ₹1,42,00,000, Symbolic possession.

Bank auction property! This residential flat is located on the 6th Floor of B-Wing, Shreepati Arcade, in the prime location of Cumballa Hill, Mumbai. The property address is Flat No. 601, Nana Chowk, August Kranti Marg, Mumbai 400036. Offered by Bank of Maharashtra, this flat is under symbolic possession. The e-auction is scheduled for 2026-05-25, with a reserve price of ₹14200000 and an EMD of ₹1420000. Don't miss this opportunity to acquire a valuable property in Mumbai. For more details, contact the authorized officer.

GeoSquare note: This flat in Cumballa Hill, Mumbai, presents a solid investment opportunity given its prime location and symbolic possession. The reserve price of ₹14200000.0 makes it a competitive option. While symbolic possession requires further due diligence, the property's location and potential value warrant a 'Strong Buy' recommendation.

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