Representative illustration — Flat bank auction in Govandi East
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Prime Investment

Flat for Auction Govandi East Mumbai 1.4 Crore by Union Bank of India

Govandi East, Mumbai

Area: 490.73 sq. ft.

Flat No. 807, 8th Floor, B Wing, Optima, Centrio by MJ Shah, P.L. Lokhande Marg, Govandi (E), Mumbai 400043

Union Bank of India · Asset Recovery Branch

Reserve price

₹1,35,00,000

EMD ₹13,50,000

Auction date

29 Sep 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 490.73 sq. ft.
  • Locality: Govandi East
  • Reserve: ₹1,35,00,000
  • EMD: ₹13,50,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityGovandi East
Built-up / plot area490.73 sq. ft.
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Flat No. 807
Building / societyOptima, Centrio by MJ Shah
Floor8th Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Govandi East, Mumbai by Union Bank of India — reserve price ₹1,35,00,000, 490.73 sq. ft., Symbolic possession.

Explore this prime residential bank auction property located in Govandi East, Mumbai. This flat, situated in the prestigious Optima, Centrio by MJ Shah complex, offers an area of 490.73 sq. ft. on the 8th floor. This bank auction opportunity is perfect for buyers looking for residential real estate in a well-connected Mumbai suburb. With a reserve price of ₹1.35 Crore, this unit is a significant investment opportunity. The property is currently under symbolic possession by the Union Bank of India. Interested parties should conduct independent due diligence before participating in the e-auction scheduled for 29.09.2026.

GeoSquare note: Located in the well-developed locality of Govandi East, this flat in the Centrio complex offers excellent urban living potential. While the property is under symbolic possession, its modern infrastructure and strategic location make it a strong investment choice. The reserve price aligns with the market standards for premium residential units in the Mumbai Suburban district.

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