Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611079
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Reserve Price:₹4,98,18,000
EMD:₹49,81,800
Auction Time:10:00 A. M. TO 04.00 P. M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-09-12
Bid Start Date:2025-12-10
Property Description
A residential flat located in the well-connected area of Matunga, Mumbai, Maharashtra. This property is being auctioned by Indian Bank under the SARFAESI Act. Ideal for residential purposes, this flat presents a significant opportunity in a prime Mumbai locality. The auction details and specific property features will be available on the auction platform.
State:Maharashtra
City:Mumbai
Area:Matunga
Asset Category:Residential
Full Address:1202 & 1203, Bliss Co OP HSG LTD, Flat Nos. 1202 & 1203 on 12th Floor in the building known as Bliss Co OP HSG LTD Situated at 321/C Deodhar Road Matunga Mumbai -400019 Bearing CS No 259C/10 of Matunga Division, Matunga, Mumbai
Building/Society:Bliss Co OP HSG LTD
Size:920 sq ft
Auction Description
Indian Bank presents a SARFAESI auction for a residential flat in Matunga, Mumbai. The auction is scheduled for December 10, 2025, with bidding open from 10:00 AM to 4:00 PM. The reserve price for this property is ₹4,98,18,000, with an Earnest Money Deposit (EMD) of ₹49,81,800 required to participate. This is a unique opportunity to acquire a property in a sought-after Mumbai neighborhood through a transparent auction process.
Borrower Name:Mrs. Alka Ashok Doshi
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ashok Doshi, Mr. Baiju Doshi, Mrs. Manali Pravin Rathod
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Matunga, a prime Mumbai location, this flat auction presents a strong investment opportunity. The property type and the bank's set reserve price makes this offering a compelling option for buyers seeking a solid return.
Contact Details
Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Service Provider:BAANKNET
Contact Details:
Pradeep Singh Kulhari
Contact no:8976754739
