Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612015
Bank Name:Bank of India
Branch Name:Specialised Asset Recovery Management Branch
Reserve Price:₹87,00,000
EMD:₹8,70,000
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 04:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
This is a residential flat located in the desirable Mulund (E) area of Mumbai, Maharashtra. The property is being auctioned by the Bank of India under SARFAESI regulations. Situated in a prime urban location, this flat offers a great opportunity for homeownership or investment in one of India's most dynamic cities.
State:Maharashtra
City:Mumbai
Area:Mulund (E)
Asset Category:Residential
Full Address:14, Kamala CHSL, Flat No. 14, 5th Floor, Building Kamala CHSL, Sant Ramdas Road, Near IDBI Bank & Mulund Railway Station, Mulund (East), Mumbai-400081, Mulund (East), Mumbai
Building/Society:Kamala CHSL
Size:600 Sq. Ft.
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Mulund (E), Mumbai. The auction will take place on November 18, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this auction is ₹87,00,000, with an Earnest Money Deposit (EMD) of ₹8,70,000 required to participate. This is a prime opportunity to acquire a property in a sought-after Mumbai locality.
Borrower Name:Mrs. Rekha Anilkumar Gupta
Auction Type:SARFAESI Auction
Guarantor Names:Lallanprasad Gupta
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Mulund (East) offers a solid investment due to its prime location, manageable size, and physical possession status. The reserve price appears reasonable for the area. Its proximity to key amenities and transportation hubs makes it a desirable residential property.
Contact Details
Branch:Branch Office : Specialised Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
