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

Flat for Auction Govandi East Mumbai 1.7 Crore by Union Bank of India 30 Apr 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

₹1,66,00,000

EMD ₹16,60,000

Auction date

30 Apr 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 490.73 sq ft carpet
  • Locality: Govandi East
  • Reserve: ₹1,66,00,000
  • EMD: ₹16,60,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityGovandi East
Built-up / plot area490.73 sq ft carpet
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / 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 ₹1,66,00,000, 490.73 sq ft carpet, Symbolic possession.

Bank auction property: A 1BHK flat located in Optima, Centrio by MJ Shah, Govandi East, Mumbai. This residential property has a carpet area of 490.73 sq ft. Up for sale through e-auction by Union Bank of India, the reserve price is ₹16,600,000 with an EMD of ₹1,660,000. This auction presents a great opportunity to acquire a property in a prime location in Mumbai. Don't miss out on this bank auction property!

GeoSquare note: The property is a residential flat in Govandi East, Mumbai, with a reserve price of ₹16,600,000. The symbolic possession status indicates potential delays in acquiring physical possession. Considering the location and the symbolic possession, it's a fair option for buyers with a long-term investment horizon.

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