Flat for Auction Malad Mumbai 43 Lakh by Axis Bank
Malad, Mumbai
Area: 21 sq. mtrs.
Flat bearing No. 18, on the Ground Floor, in D Wing, of the Building known as “PAREKH NAGAR PRABHAT CO-OPERATIVE HOUSING SOCIETY LIMITED”, Village Malad, Taluka Borivali, Mumbai Suburban District
Axis Bank · Worli, Mumbai
Reserve price
₹43,00,000
EMD ₹4,30,000
Auction date
26 Oct 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 21 sq. mtrs.
- ▸Locality: Malad
- ▸Reserve: ₹43,00,000
- ▸EMD: ₹4,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Malad |
| Built-up / plot area | 21 sq. mtrs. |
| Lender | Axis Bank |
| Branch | Worli, Mumbai |
| Unit / flat no. | Flat No. 18 |
| Building / society | PAREKH NAGAR PRABHAT CO-OPERATIVE HOUSING SOCIETY LIMITED |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | drt.auctiontiger.net |
About this property
Flat bank auction in Malad, Mumbai by Axis Bank — reserve price ₹43,00,000, 21 sq. mtrs., Symbolic possession.
Participate in the bank auction property sale for a residential flat located in the prime area of Malad, Borivali, Mumbai. This flat, situated in the Parekh Nagar Prabhat Co-operative Housing Society, offers a carpet area of 21 sq. mtrs. on the ground floor. This bank auction opportunity is managed by Axis Bank with a reserve price of ₹43,00,000. Ideal for investors and homebuyers, the property is available on an 'As is Where Is' basis. Interested bidders must submit their EMD by October 23, 2026. Don't miss this chance to invest in a well-located Mumbai residential property through a transparent e-auction process.
GeoSquare note: The property is located in a well-established residential area in Mumbai, offering decent potential for small-scale investment. However, the symbolic possession status and limited carpet area of 21 sq. mtrs. require careful due diligence regarding physical acquisition and overall utility.
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