Flat for Auction Kanjurmarg Mumbai 117.6 Crore by Punjab National Bank 26 May 2026
Kanjurmarg, Mumbai
Area: 46488.59 sq ft
115, B/1, LBS Marg, Kanjurmarg, Mumbai -400078
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹1,17,60,00,000
EMD ₹11,76,00,000
Auction date
26 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 46488.59 sq ft
- ▸Locality: Kanjurmarg
- ▸Reserve: ₹1,17,60,00,000
- ▸EMD: ₹11,76,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Kanjurmarg |
| Built-up / plot area | 46488.59 sq ft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Building / society | Citi Mall |
| Floor | 2nd floor to 5th floor and certain portion of ground floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kanjurmarg, Mumbai by Punjab National Bank — reserve price ₹1,17,60,00,000, 46488.59 sq ft, Symbolic possession.
Bank auction property! A commercial flat located in 'Citi Mall', Kanjurmarg, Mumbai, is up for auction by Punjab National Bank. This expansive property spans from the 2nd to 5th floor, with parts of the ground floor, covering a built-up area of 46488.59 sq ft. The super built-up area is 64790.14 sq ft. The reserve price is ₹1,176,000,000.0 with an EMD of ₹117,600,000.0. Seize this prime investment opportunity in a bustling commercial hub through this bank auction.
GeoSquare note: Located in Kanjurmarg, Mumbai, this commercial flat offers a significant built-up area at a high reserve price. The symbolic possession status adds a layer of complexity. Given the location and potential, it's a fair option for investors with a high-risk appetite, provided a thorough due diligence is conducted.
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