Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612018
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
A residential flat located in Mulund (E), Mumbai, Maharashtra. This property is part of a SARFAESI auction conducted by the Bank of India. It presents a valuable opportunity for real estate investment or personal residency in a well-connected part of Mumbai. The flat is categorized as residential, suitable for individuals or families seeking a home in a prime urban location.
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, Mulund (East), Mumbai-400081, Mulund (East), Mumbai
Building/Society:Kamala CHSL
Size:600 Sq. Ft.
Auction Description
This is a SARFAESI auction for a residential flat in Mulund (E), Mumbai, presented by the Bank of India. The auction features a reserve price of INR 87,00,000 and requires an Earnest Money Deposit (EMD) of INR 8,70,000. The auction will take place on 18-11-2025, commencing at 11:00 AM and concluding at 05:00 PM. Interested bidders should review all auction terms and conditions prior to participation.
Borrower Name:M/s. Shree Dev Textiles
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Yashmaan Rajeev Pathak, Mr. Tejashkumar Arvindkumar Desai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in a good location in Mulund with physical possession, making it an attractive investment. However, further due diligence is recommended to assess market value and potential rental yield before bidding, given the reserve price.
Contact Details
Branch:Branch Office : Specialised Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:022-22673549
