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

Flat for Auction Khar West Mumbai 27.9 Lakh by Bank of Maharashtra 20 May 2026

Khar West, Mumbai

Area: 552.50 sq.ft

Flat no 001. Ground floor, Uma Shikhar CHS Itd, 13th Road behind Khar, Telephone exchange

Bank of Maharashtra · Mumbai South Zonal Office,

Reserve price

₹27,90,000

EMD ₹27,90,000

Auction date

20 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 552.50 sq.ft
  • Locality: Khar West
  • Reserve: ₹27,90,000
  • EMD: ₹27,90,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityKhar West
Built-up / plot area552.50 sq.ft
LenderBank of Maharashtra
BranchMumbai South Zonal Office,
Unit / flat no.001
Building / societyUma Shikhar CHS Itd
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Khar West, Mumbai by Bank of Maharashtra — reserve price ₹27,90,000, 552.50 sq.ft, Symbolic possession.

Bank auction property! A 1BHK flat located in the prime area of Khar West, Mumbai, is up for auction by the Bank of Maharashtra. The property, situated on the ground floor of Uma Shikhar CHS Ltd, spans 552.50 sq.ft. and offers excellent connectivity near the Khar telephone exchange. With a reserve price of ₹2790000.0 and EMD of ₹2790000.0, this bank auction property presents a lucrative investment opportunity. E-auction date: 2026-05-20. Contact Mr. Sanjeev Verma for inspection.

GeoSquare note: The property is a small flat in a good location (Khar West, Mumbai), which offers decent investment potential. However, the symbolic possession status impacts its appeal, and the reserve price seems high relative to the size of the flat. Given these factors, it is a fair investment option, but buyers should carefully assess its true market value before bidding.

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