Flat for Auction Mazgaon Mumbai 60 Lakh by Hero Fincorp Limited
Mazgaon, Mumbai
Area: 248 sq. ft.
Flat no. 04, 1st floor, Wing B, Sumer Tower No. 4, Seth Motisha Lane, Opposite MTNL Tower, Mazgaon, Mumbai 400010
Hero Fincorp Limited · Registered office
Reserve price
₹60,00,000
EMD ₹6,00,000
Auction date
07 Oct 2026, 10:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 248 sq. ft.
- ▸Locality: Mazgaon
- ▸Reserve: ₹60,00,000
- ▸EMD: ₹6,00,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mazgaon |
| Built-up / plot area | 248 sq. ft. |
| Lender | Hero Fincorp Limited |
| Branch | Registered office |
| Unit / flat no. | Flat no. 04 |
| Building / society | Sumer Tower No. 4 |
| Floor | 1st floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Flat bank auction in Mazgaon, Mumbai by Hero Fincorp Limited — reserve price ₹60,00,000, 248 sq. ft., Physical possession.
Explore this bank auction property located in the heart of Mazgaon, Mumbai. This residential flat, situated on the 1st floor of Sumer Tower No. 4, offers a carpet area of 248 sq. ft. Ideal for individual buyers or investors looking for property in Mumbai, this unit is being auctioned by Hero Fincorp Limited. The property is located near key landmarks like the MTNL Tower and Seth Motisha Lane. With a reserve price of ₹60,00,000, this auction represents a strategic opportunity to acquire real estate in a prime city location. Interested bidders must submit their applications by 2026-10-06. Don't miss out on this bank auction property in Mumbai—conduct your independent due diligence and participate in the e-auction scheduled for 2026-10-07.
GeoSquare note: The property is located in a well-connected area of South Mumbai, making it a viable option for small-scale residential use. With physical possession taken by the bank, the legal risk is reduced. The modest size and reasonable reserve price make it a strong buy for first-time investors or end-users.
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