Representative illustration — Flat bank auction in Gorai, Borivali West
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Gorai Borivali West Mumbai 1.2 Crore by Punjab National Bank

Gorai, Borivali West, Mumbai

Area: 662.50 sq. ft.

Flat no. 604, 6th Floor Gorai Shree Sadguru CHSL, Plot no 98 Road no RSC 32 Out of CTS no 19/166, Gorai (2) Borivali West, Mumbai-400091

Punjab National Bank · ARMB Mumbai Western

Reserve price

₹1,16,64,000

EMD ₹11,66,400

Auction date

24 Sep 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 662.50 sq. ft.
  • Locality: Gorai, Borivali West
  • Reserve: ₹1,16,64,000
  • EMD: ₹11,66,400

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityGorai, Borivali West
Built-up / plot area662.50 sq. ft.
LenderPunjab National Bank
BranchARMB Mumbai Western
Unit / flat no.604
Building / societyGorai Shree Sadguru CHSL
Floor6th Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Gorai, Borivali West, Mumbai by Punjab National Bank — reserve price ₹1,16,64,000, 662.50 sq. ft., Symbolic possession.

Explore this prime residential bank auction property located in the highly sought-after neighborhood of Gorai, Borivali West, Mumbai. This 662.50 sq. ft. flat is situated on the 6th floor of the well-known Gorai Shree Sadguru CHSL. Offered by Punjab National Bank, this property presents an excellent opportunity for homebuyers and investors looking for affordable real estate in Mumbai. With a reserve price of ₹1,16,64,000, this bank auction provides a competitive entry point into the Mumbai property market. The flat is well-connected and located in a developed residential area. Interested bidders must complete the EMD submission prior to the auction date on 2024-09-24. Secure your investment in one of Mumbai's preferred suburbs through this transparent e-auction process.

GeoSquare note: The property is located in a well-established residential locality of Borivali West, which offers high long-term investment value. Although the possession is currently symbolic, the location and the reputable building society make it a strong buy. The reserve price is competitively set for the Mumbai real estate market.

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