Flat for Auction Kandivali West Mumbai 1.6 Crore by Indian Overseas Bank 26 May 2026
Kandivali West, Mumbai
Flat No. B-301, 3rd Floor, B Wing, Building Known as "Madhupuri Apartment", Dhanukar Wadi, CTS No. 1017, Behind Lady of Assumption Church & Next to BJP Office Sakhi Bhawan, Damu Anna Date Marg, Kandivali West, Village-Kandivali, Taluka Borivali, Dist. Mumbai, Maharashtra-400067.
Indian Overseas Bank · MUMBAI
Reserve price
₹1,55,84,000
EMD ₹15,58,400
Auction date
26 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Kandivali West
- ▸Reserve: ₹1,55,84,000
- ▸EMD: ₹15,58,400
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Kandivali West |
| Lender | Indian Overseas Bank |
| Branch | MUMBAI |
| Unit / flat no. | B-301 |
| Building / society | Madhupuri Apartment |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kandivali West, Mumbai by Indian Overseas Bank — reserve price ₹1,55,84,000, Symbolic possession.
Bank auction property! Seize the opportunity to acquire a residential flat in Mumbai. Up for e-auction is a 3BHK flat located in Madhupuri Apartment, Borivali West, a prime location in Mumbai. This property is under symbolic possession and offers a strategic location near schools, markets, and transport links. The auction, conducted by Indian Overseas Bank, features a reserve price of ₹15584000.0 and an EMD of ₹1558400.0. Don't miss out on this bank auction property and potential investment.
GeoSquare note: This property offers a good investment opportunity due to its location in Borivali West, a well-developed suburb of Mumbai. While under symbolic possession, the flat's attractive reserve price and location make it a potentially valuable asset. The auction details are favorable, and with due diligence, this could be a promising acquisition.
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