Representative illustration — Flat bank auction in Goregaon
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Goregaon Mumbai 71 Lakh by Bank of India 08 May 2026

Goregaon, Mumbai

Area: 766 Sq ft

Flat No- 1201 12th Floor A Building, Building Known as Sumit Apartments Near Mayur Nagar Last Bus Stop Aarey Milk Coloney Near Unit No-2 Village Maroshi, Goregaon (East) Mumbai 400065.

Bank of India · Asset Recovery Department

Reserve price

₹71,00,000

EMD ₹7,10,000

Auction date

08 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 766 Sq ft
  • Locality: Goregaon
  • Reserve: ₹71,00,000
  • EMD: ₹7,10,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityGoregaon
Built-up / plot area766 Sq ft
LenderBank of India
BranchAsset Recovery Department
Unit / flat no.1201
Building / societySumit Apartments
Floor12th
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Goregaon, Mumbai by Bank of India — reserve price ₹71,00,000, 766 Sq ft, Symbolic possession.

Bank auction property! This residential flat is located in Sumit Apartments, Goregaon, Mumbai. The property features 766 sq ft. of living space. The reserve price for this property is ₹7100000 and the EMD is ₹710000. The auction will be held on 2026-05-08. Don't miss this opportunity to own a flat in a prime location through a bank auction. Contact the Bank of India, Navi Mumbai for more details!

GeoSquare note: The property is a residential flat in Goregaon, Mumbai, with a reserve price of ₹71 Lakh. While the location is desirable, the symbolic possession might deter some investors. Given the price range and posession status, it's a fair option for those familiar with the area and comfortable with symbolic possession.

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