Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611093
Bank Name:Axis Bank
Branch Name:Branch Office :Ahmedabad
Reserve Price:₹13,37,240
EMD:₹1,33,724
Bid Increment:₹10,000
Auction Time:11 to 12 Pm
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-10
Bid Start Date:2025-11-11
Property Description
This is a residential flat located in the bustling area of Malad West, Mumbai, Maharashtra. The property is being auctioned by Axis Bank as part of a SARFAESI action. Malad West is a well-developed suburb with excellent connectivity, social infrastructure, and amenities, making it a desirable location for residents. The flat offers a promising opportunity for homebuyers or investors looking to acquire property in a prime Mumbai locale.
State:Maharashtra
City:Mumbai
Area:Malad West
Asset Category:Residential
Full Address:1907, Amalfi at Raheja Exotic, FLAT NO 1907, ON THE 19TH FLOOR, A WING BLDG NO 7, IN THE BUILDING KNOWN AS "AMALFI" AT RAHEJA EXOTIC, VILLAGE ERANGAL, HAVING CTS NO. 1965, 2053 B, 2053C, 2053C-1, 2053D, 2053E, 2055B & 2055C OFF MADH MARVE ROAD, MALAD WEST, MUMBAI-400061, Malad West, Mumbai
Building/Society:Amalfi at Raheja Exotic
Size:795 sq. ft.
Auction Description
Axis Bank presents a SARFAESI auction for a residential flat in Malad West, Mumbai. The auction will take place on November 11, 2025, with the bidding window open from 11:00 AM to 12:00 PM. The reserve price for this property is INR 13,37,240, and the Earnest Money Deposit (EMD) required is INR 1,33,724. This is a fantastic opportunity to purchase a property in a sought-after Mumbai locality at a competitive price. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:POONARAM MANGILALI MALI
Auction Type:SARFAESI Auction
Guarantor Names:BHAGUDEVI PUNARAM MALI
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a strong investment opportunity due to its desirable location in Malad West, Mumbai, and its reasonable reserve price. The flat's size and the inclusion of a parking space enhance its appeal. With a prime location and potential for appreciation, this auction presents a good chance for a solid return.
Contact Details
Branch:Branch Office : Branch Office :Ahmedabad
Service Provider:bankeauctions.com / C1 India
Contact Details:
Hareesh Gowda/ Ashish Kamble
Contact no:9594597555/919773366257
