Flat for Auction Kurla West Mumbai 1.1 Crore by Idbi Bank
Kurla (West), Mumbai
Area: 37.70 sq. mtrs
Unit No. 4B-47, 4th floor, Phoenix Bazaar, Phoenix Paragon Plaza Mall, off. L.B.S. Marg, Kurla (West), Mumbai-400 070
IDBI Bank · Mumbai
Reserve price
₹1,09,00,000
EMD ₹10,90,000
Auction date
11 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 37.70 sq. mtrs
- ▸Locality: Kurla (West)
- ▸Reserve: ₹1,09,00,000
- ▸EMD: ₹10,90,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Kurla (West) |
| Built-up / plot area | 37.70 sq. mtrs |
| Lender | IDBI Bank |
| Branch | Mumbai |
| Unit / flat no. | Unit No. 4B-47 |
| Building / society | Phoenix Paragon Plaza Mall |
| Floor | 4th floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kurla (West), Mumbai by IDBI Bank — reserve price ₹1,09,00,000, 37.70 sq. mtrs, Physical possession.
Explore this prime bank auction property featuring a commercial shop located in Phoenix Paragon Plaza Mall, Kurla (West), Mumbai. Measuring 37.70 sq. mtrs on the 4th floor, this commercial space is strategically situated off L.B.S. Marg, making it an excellent opportunity for investors or business owners looking for property in a high-footfall area. This bank auction property is being sold on an 'as is where is' basis by IDBI Bank. With a reserve price of ₹1,09,00,000, this commercial shop for sale offers significant potential for capital appreciation in the Mumbai real estate market. Interested bidders must submit their applications by 10th September 2026, with the e-auction scheduled for 11th September 2026. Don't miss this opportunity to acquire a well-located commercial asset in Mumbai through a transparent bank-led process.
GeoSquare note: This property is located in a high-value commercial mall in Kurla, Mumbai, making it a prime location for retail or office use. The physical possession status reduces transition risk for the buyer, and the price point reflects a competitive opportunity in a premium business zone.
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