Representative illustration — Flat bank auction in Matunga-East
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Matunga East Mumbai 22.4 Crore by State Bank of India

Matunga-East, Mumbai

Area: 4455.00 sq. ft.

Plot No. 284, CTS No. 226/10, Junction of Chandavarkar Cross Road & B. A. Khimji Road, Matunga-East, Mumbai-400019

State Bank of India · Mumbai

Reserve price

₹22,42,00,000

EMD ₹2,24,20,000

Auction date

08 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 4455.00 sq. ft.
  • Locality: Matunga-East
  • Reserve: ₹22,42,00,000
  • EMD: ₹2,24,20,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityMatunga-East
Built-up / plot area4455.00 sq. ft.
LenderState Bank of India
BranchMumbai
Unit / flat no.1001 & 1101
Building / societyShree Krishna Niwas
Floor10th & 11th Floor
Auction typeSARFAESI Auction
Bid increment₹5,00,000
Service providerBAANKNET

About this property

Flat bank auction in Matunga-East, Mumbai by State Bank of India — reserve price ₹22,42,00,000, 4455.00 sq. ft., Physical possession.

Invest in a premium bank auction property located in the heart of Matunga-East, Mumbai. This spacious residential unfurnished duplex flat (Units 1001 & 1101) sits on the 10th and 11th floors of 'Shree Krishna Niwas'. With a total built-up area of 4455 sq. ft. (comprising 3073 sq. ft. RERA carpet and 1075 sq. ft. terrace), this property offers excellent potential for luxury living in a prime location. The auction, conducted by the State Bank of India, is scheduled for 08-10-2026. Interested buyers should note the property is in a bare shell condition and currently holds a partial occupancy certificate. Do not miss this high-value opportunity to acquire prime residential real estate in Mumbai through a secure bank e-auction process.

GeoSquare note: Located in the highly prestigious Matunga area, this duplex offers significant space and investment upside despite being in a bare shell condition. While the lack of a full Occupancy Certificate is a factor, its physical possession status and prime location make it a strong opportunity for investors comfortable with finishing a luxury project.

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