Flat for Auction Parel Mumbai 119.4 Crore by Standard Chartered Bank 28 Apr 2026
Parel, Mumbai
Area: 7470.12 SQ.FT.
Parekh Industrial Estate, Plot No. 46-47, C.S.No. 857, Jerbai Wadia Road, Near Mahatma Phule Technical School, Parel, Mumbai-400 012 Bearing Cadastral Survey No.857 of Parel - Sewri Division
Standard Chartered Bank · Retail Collections
Reserve price
₹1,19,35,33,000
EMD ₹1,93,53,300
Auction date
28 Apr 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 7470.12 SQ.FT.
- ▸Locality: Parel
- ▸Reserve: ₹1,19,35,33,000
- ▸EMD: ₹1,93,53,300
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Parel |
| Built-up / plot area | 7470.12 SQ.FT. |
| Lender | Standard Chartered Bank |
| Branch | Retail Collections |
| Building / society | Parekh Industrial Estate |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | matex.net |
About this property
Flat bank auction in Parel, Mumbai by Standard Chartered Bank — reserve price ₹1,19,35,33,000, 7470.12 SQ.FT., Physical possession.
Explore this bank auction property in Mumbai! A spacious flat located on the Entire 2nd Floor, Admeasuring 693.99 SQ. MTRS. Equivalent to 7470.12 SQ.FT. Carpet Area, Parekh Industrial Estate, Plot No. 46-47, C.S.No. 857, Jerbai Wadia Road, Near Mahatma Phule Technical School, Parel, Mumbai-400 012 Bearing Cadastral Survey No.857 of Parel - Sewri Division. This property is available through e-auction with a reserve price of ₹1193533000.0 and an EMD of ₹19353300.0. The e-auction is scheduled for 2026-04-28, offering a great opportunity for investment. Don't miss out on this prime industrial property in Mumbai!
GeoSquare note: The property is a large industrial flat in Parel, Mumbai, offered at a high reserve price. With Physical Possession, it presents an immediate usability. However, the high value requires careful consideration and due diligence for potential investors looking for bank auction properties.
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