Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611607
Bank Name:Bank of Maharashtra
Branch Name:Navi Mumbai Zonal Office
Reserve Price:₹1,48,00,000
EMD:₹14,80,000
Auction Time:11:00 AM to 3:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
A residential flat located in the prime area of Malad West, Mumbai, Maharashtra. This property is being auctioned by the Bank of Maharashtra under SARFAESI rules. The flat is an excellent opportunity for buyers looking to invest in Mumbai's real estate market. Situated in a well-connected locality, it offers convenient access to essential amenities and transportation links.
State:Maharashtra
City:Mumbai
Area:Malad West
Asset Category:Residential
Full Address:206, Shivram Apartment B Wing, Malad Laidas CHS Ltd, Flat No. 206, 2nd Floor, Shivram Apartment, B Wing, Malad Laidas CHS Ltd, 34, Ramchandra Lane, Malad West, Mumbai
Building/Society:Shivram Apartment B Wing, Malad Laidas CHS Ltd
Size:1212 Sq. Ft.
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Malad West, Mumbai. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 03:00 PM on the same day. The reserve price for this auction is ₹1,48,00,000, with an Earnest Money Deposit (EMD) of ₹14,80,000 required. This is a significant opportunity to acquire a property in a desirable Mumbai location.
Borrower Name:M/s Sunmark Global Exports Pvt Ltd
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Malad West, Mumbai, a prime residential area, this flat offers a solid investment opportunity. The reserve price is competitive for the location and size, and symbolic possession allows for a smoother transition. With a Strong Buy recommendation, this property combines a good location with reasonable auction terms.
Contact Details
Branch:Branch Office : Navi Mumbai Zonal Office
Service Provider:BAANKNET
Contact Details:
Mr. Man Mohan Murmu / Miss Sapna Tekwani
Contact no:9552808185/9898499411
