Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613453
Bank Name:The Deccan Merchants Co-Op Bnk Ltd
Branch Name:mumbai
Reserve Price:₹1,15,85,255
EMD:₹17,38,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-09
Bid Start Date:10-12-2025 11:30 AM
Property Description
This is a residential flat located in Marol, Mumbai, Maharashtra. It is being auctioned by The Deccan Merchants Co-Op Bnk Ltd under the SARFAESI Act. The property is being sold due to loan default by the borrower, Ms. Archana Laxman Kshirsagar. Situated in a prominent area of Mumbai, this flat offers potential for residence or investment. The auction will be conducted online.
State:Maharashtra
City:Mumbai
Area:Marol
Asset Category:Residential
Full Address:1006, Nilgiri C.H.S. Ltd., Flat No.1006, 10th Floor, C Wing, Nilgiri C.H.S. Ltd., Bamandaya Pada, Military Road, Tungave Villge, Marol, Andheri (E), Mumbai – 400 072, Marol, Mumbai
Building/Society:Nilgiri C.H.S. Ltd.
Size:627 Sq. Ft.
Auction Description
The Deccan Merchants Co-Op Bnk Ltd is conducting a SARFAESI auction for a residential flat in Marol, Mumbai. The auction will take place on December 10, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this property is 11,585,255.0, with an Earnest Money Deposit (EMD) of 1,738,000.0 required to participate. Interested bidders are advised to review all auction terms and conditions prior to bidding.
Borrower Name:Ms. Archana Laxman Kshirsagar
Auction Type:SARFAESI Auction
Why This Property
The property's location in Marol, a prime area in Mumbai, coupled with its reasonable reserve price and clear title, makes it a strong investment opportunity. The flat is a good size for a small family or individual, and the auction terms appear straightforward, indicating a potentially lucrative deal.
Contact Details
Branch:Branch Office : mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
