Flat for Auction Mazgaon Mumbai 5.4 Crore by Punjab National Bank
Mazgaon, Mumbai
Area: 1406 sq. ft.
Chaitya Co-Operative Housing Society Ltd., Shivdas Champasi Marg, Mazgaon, Mumbai-400010
Punjab National Bank · Stressed Asset Management Branch
Reserve price
₹5,41,50,000
EMD ₹54,15,000
Auction date
24 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1406 sq. ft.
- ▸Locality: Mazgaon
- ▸Reserve: ₹5,41,50,000
- ▸EMD: ₹54,15,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Mazgaon |
| Built-up / plot area | 1406 sq. ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch |
| Unit / flat no. | 1501 and 1601 |
| Building / society | Chaitya Co-Operative Housing Society Ltd. |
| Floor | 15th and 16th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Mazgaon, Mumbai by Punjab National Bank — reserve price ₹5,41,50,000, 1406 sq. ft., Symbolic possession.
Participate in the bank auction of this prime duplex flat located in Chaitya Co-Operative Housing Society, Mazgaon, Mumbai. This spacious residential property comprises Flat No. 1501 and 1601, offering a combined carpet area of 1406 sq. ft. situated on the 15th and 16th floors. Located on Shivdas Champasi Marg, this property is a premium opportunity for investors looking for residential assets in Mumbai City. The auction is being conducted by Punjab National Bank under the SARFAESI Act. Interested bidders should take note of the reserve price of ₹5.41 Crore and the auction date scheduled for 24th August 2026. Don't miss out on this high-value bank auction property in a central Mumbai location. Proper due diligence regarding possession and legal status is advised.
GeoSquare note: The property offers a significant area in a prime Mumbai locality (Mazgaon), making it an attractive residential investment. While the possession status is symbolic and requires due diligence, the duplex configuration significantly enhances its market value. The scale of the property and its location justify a strong recommendation for interested bidders.
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