Flat for Auction Peddar Road Mumbai 4.8 Crore by State Bank of India
Peddar Road, Mumbai
Area: 870 sq. ft.
755/6, Peddar Road, Mumbai-400026
State Bank of India · Stressed Assets Management Branch
Reserve price
₹4,80,00,000
EMD ₹48,00,000
Auction date
18 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 870 sq. ft.
- ▸Locality: Peddar Road
- ▸Reserve: ₹4,80,00,000
- ▸EMD: ₹48,00,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Peddar Road |
| Built-up / plot area | 870 sq. ft. |
| Lender | State Bank of India |
| Branch | Stressed Assets Management Branch |
| Unit / flat no. | Flat No. 2 |
| Building / society | Himgiri Co-operative Housing Society Ltd. |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Peddar Road, Mumbai by State Bank of India — reserve price ₹4,80,00,000, 870 sq. ft., Physical possession.
Invest in a prime residential property with this bank auction property located in the prestigious Peddar Road, Mumbai. This flat, situated in Himgiri Co-operative Housing Society Ltd., offers a carpet area of 870 sq. ft. on the 1st floor. Being sold by the State Bank of India, this asset is available for e-auction on 2026-09-18 with a reserve price of ₹4.8 Crore. This is an excellent opportunity for buyers looking to acquire a home in one of Mumbai's most sought-after localities. The property is under physical possession, ensuring a transparent transfer process. Interested bidders should take note of the inspection date on 2026-09-07. Don't miss this chance to secure a high-value residential unit in the heart of South Mumbai through a secure bank-conducted auction.
GeoSquare note: The property is located in an ultra-premium locality of Peddar Road, Mumbai, which guarantees high capital appreciation and rental demand. With physical possession already taken by the bank, the legal risk is significantly mitigated, making it a strong buy for serious investors.
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