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

Flat for Auction Kandivali West Mumbai 1.7 Crore by Punjab National Bank 08 Jun 2026 3

Kandivali West, Mumbai

Area: 890 sq ft

Flat No 201, 2nd Floor, Laxmi Palace, CTS No. 76, Mathurdas Road, Near Royal House, Kandivali West, Mumbai 400067

Punjab National Bank · ARMB Mumbai Western

Reserve price

₹1,69,50,000

EMD ₹16,95,000

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 890 sq ft
  • Locality: Kandivali West
  • Reserve: ₹1,69,50,000
  • EMD: ₹16,95,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityKandivali West
Built-up / plot area890 sq ft
LenderPunjab National Bank
BranchARMB Mumbai Western
Unit / flat no.201
Building / societyLaxmi Palace
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Flat bank auction in Kandivali West, Mumbai by Punjab National Bank — reserve price ₹1,69,50,000, 890 sq ft, Symbolic possession.

Explore this bank auction property in Mumbai! A residential flat located in Laxmi Palace, Kandivali West, is up for auction by Punjab National Bank. This 2nd-floor flat (No. 201) offers 890 sq ft of space. The reserve price is ₹16,950,000 with an EMD of ₹1,695,000. The e-auction is scheduled for August 6, 2026. Don't miss this opportunity to acquire a flat in a prime Mumbai location through a bank auction property. Contact M. Sreenivasa Rao at 9632786274 for more details.

GeoSquare note: The property is a residential flat in a decent Mumbai locality, Kandivali West, offered at a reserve price of ₹16,950,000. The symbolic possession may introduce delays and extra legal hassel .Considering the location and property type, it presents a fair investment option but requires careful evaluation of market value and legal aspects.

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