Flat for Auction Govandi East Mumbai 1.5 Crore by Union Bank of India 24 Jun 2026
Govandi East, Mumbai
Area: 490.73 sq ft carpet
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
₹1,50,00,000
EMD ₹15,00,000
Auction date
24 Jun 2026, 12:00 PM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 490.73 sq ft carpet
- ▸Locality: Govandi East
- ▸Reserve: ₹1,50,00,000
- ▸EMD: ₹15,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Govandi East |
| Built-up / plot area | 490.73 sq ft carpet |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Flat No. 807 |
| Building / society | Optima, "Centrio by MJ Shah" |
| Floor | 8th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Govandi East, Mumbai by Union Bank of India — reserve price ₹1,50,00,000, 490.73 sq ft carpet, Symbolic possession.
Discover a prime residential bank auction property in Govandi East, Mumbai, Maharashtra. This 8th-floor flat, Flat No. 807, located in the prestigious Optima, Centrio by MJ Shah, offers 490.73 sq ft of carpet area. Situated on P.L. Lokhande Marg, this Mumbai property is being auctioned by Union Bank of India. The reserve price is ₹1.5 crore with an EMD of ₹15 lakh. The e-auction is scheduled for 24.06.2026. This attractive residential flat presents a strong investment opportunity for those seeking bank auction flats in Mumbai.
GeoSquare note: This residential flat in Govandi East, Mumbai, offers a carpet area of 490.73 sq ft in a prominent building. The location is generally well-regarded in Mumbai's eastern suburbs, making it a decent investment. The reserve price of ₹1.5 crore is competitive for Mumbai real estate, though the symbolic possession status introduces a moderate level of risk, warranting a 'Fair Option' rating.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.