Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611922
Bank Name:State Bank of India
Branch Name:Mumbai
Reserve Price:₹29,00,000
EMD:₹2,90,000
Auction Time:01.00 PM to 03.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:15-11-2025 05:00 PM
Bid Start Date:17-11-2025 10:00 AM
Property Description
This is a residential flat located in Kandivali East, Mumbai, Maharashtra. The property is being auctioned by the State Bank of India under SARFAESI regulations. It is an excellent opportunity to acquire a property in a well-connected urban area. The flat is suitable for individual buyers or small families looking for a home in Mumbai.
State:Maharashtra
City:Mumbai
Area:Kandivali East
Asset Category:Residential
Full Address:301, Sethia Aashray, Apartment No. 301, Building No. 2 known as "Sethia Aashray" situated at Gokul Nagar, Akurli Road, Lokhandwala, Kandivali (East), Mumbai - 400101, Kandivali East, Mumbai
Building/Society:Sethia Aashray
Size:15.79 sq. mtrs
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential flat in Kandivali East, Mumbai. The auction will take place on November 17, 2025, from 10:00 AM to 04:00 PM. The reserve price for this property is ₹29,00,000, with an Earnest Money Deposit (EMD) of ₹2,90,000 required to participate. This is a unique chance to bid on a property with the security and transparency of a bank auction.
Borrower Name:Mr. Ambar Popat Shete
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a small studio flat in Kandivali East, Mumbai, presents a calculated investment opportunity due to its relatively low reserve price. While the size is modest, its location in Mumbai adds to its potential appeal. The physical possession status and clear auction terms make it a worthwhile consideration for budget-conscious investors.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Shri. Rambhau Taktewale, Mrs. Amrita Shinde
Contact no:9561064635
