Representative illustration — Flat bank auction in Parel
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Parel Mumbai 1.5 Crore by Bank of Maharashtra 16 Jun 2026

Parel, Mumbai

Area: 425.00 Sqft

Aayesha Palace Street No. 240E, Dr. Babasaheb Ambedkar Road, Parel, Mumbai - 400012

Bank of Maharashtra · Navi Mumbai Zonal Office

Reserve price

₹1,49,94,000

EMD ₹14,99,400

Auction date

16 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 425.00 Sqft
  • Locality: Parel
  • Reserve: ₹1,49,94,000
  • EMD: ₹14,99,400

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityParel
Built-up / plot area425.00 Sqft
LenderBank of Maharashtra
BranchNavi Mumbai Zonal Office
Unit / flat no.1902
Building / societyAayesha Palace
Floor19th
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Parel, Mumbai by Bank of Maharashtra — reserve price ₹1,49,94,000, 425.00 Sqft, Symbolic possession.

Seize the opportunity to own a Flat in the heart of Mumbai's Parel locality! This bank auction property, located in Aayesha Palace, offers a carpet area of 425.00 sqft. The e-auction is scheduled for 2026-06-16, with a reserve price of ₹14994000.0 and an EMD of ₹1499400.0. Don't miss this chance to acquire a residential property in a prime location through a bank auction. Viewings available on 2026-06-04. Aayesha Palace offers a flat to buy in mumbai with great carpet area

GeoSquare note: This Flat in Parel, Mumbai, has a decent prime_property_score due to its central location and price range. With Symbolic possession, the property may require additional legal steps. The reserve price is reasonable, making it a Fair Option for potential buyers.

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