Flat for Auction Khar West Mumbai 2.5 Crore by Bank of Maharashtra
Khar West, Mumbai
Area: 552.50 sq ft
13th Road, Behind Khar Telephone Exchange, Khar West, Mumbai 400055
Bank of Maharashtra · Mumbai South Zonal Office,
Reserve price
₹2,48,00,000
EMD ₹24,80,000
Auction date
05 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 552.50 sq ft
- ▸Locality: Khar West
- ▸Reserve: ₹2,48,00,000
- ▸EMD: ₹24,80,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Khar West |
| Built-up / plot area | 552.50 sq ft |
| Lender | Bank of Maharashtra |
| Branch | Mumbai South Zonal Office, |
| Unit / flat no. | Flat No. 001 |
| Building / society | Uma Shikhar CHS Ltd |
| Floor | Ground floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Khar West, Mumbai by Bank of Maharashtra — reserve price ₹2,48,00,000, 552.50 sq ft, Symbolic possession.
Discover a prime residential bank auction property in the sought-after Khar West area of Mumbai. This ground floor flat, Flat No. 001, located within Uma Shikhar CHS Ltd on 13th Road behind Khar Telephone Exchange, offers 552.50 sq ft of carpet area. With a reserve price of ₹2,48,00,000 and an EMD of ₹24,80,000, this is an excellent investment opportunity for those looking for a flat for sale in Mumbai. The e-auction is scheduled for August 5, 2026, with bids incrementing by ₹1,00,000. Despite symbolic possession, its strategic location in Khar West makes it a strong contender for potential homeowners or investors seeking bank auction properties.
GeoSquare note: This ground floor flat in Khar West, Mumbai, presents a strong investment opportunity due to its prime residential location and reasonable reserve price. While possession is symbolic, the desirability of the area often outweighs this factor for long-term investors. The property size of 552.50 sq ft is suitable for a small family or as a rental asset, making it a valuable acquisition at auction.
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