Representative illustration — Flat bank auction in Powai, Andheri East
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Prime Investment

Flat for Auction Powai Andheri East Mumbai 1.3 Crore by State Bank of India

Powai, Andheri East, Mumbai

Unit No. 603, 6th Floor, 'A' Wing, Solaris-1 Premises Co-operative Society Limited, Opp L&T Gate No 6, Saki-Vihar Road, Powai, Andheri (E), Mumbai-400072

State Bank of India · Stressed Asset Recovery Branch - II

Reserve price

₹1,31,00,000

EMD ₹13,10,000

Auction date

17 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Locality: Powai, Andheri East
  • Reserve: ₹1,31,00,000
  • EMD: ₹13,10,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityPowai, Andheri East
LenderState Bank of India
BranchStressed Asset Recovery Branch - II
Unit / flat no.Unit No. 603
Building / societySolaris-1 Premises Co-operative Society Limited
Floor6th Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Flat bank auction in Powai, Andheri East, Mumbai by State Bank of India — reserve price ₹1,31,00,000, Physical possession.

Invest in a prime commercial property with this bank auction property located in Solaris-1, Powai, Andheri East, Mumbai. This flat, situated on the 6th floor of a well-connected commercial complex near L&T Gate No 6, offers excellent accessibility. Being sold via a State Bank of India e-auction, this unit provides a strategic opportunity for businesses looking for a foothold in Mumbai's bustling business district. With a reserve price of ₹1.31 Cr, this commercial asset is ideal for investors seeking high-potential real estate. The property is being sold on an 'as is where is' and 'whatever there is' basis. Ensure you participate in the upcoming auction on 17.09.2026 to secure this prime commercial real estate in the heart of Andheri East.

GeoSquare note: The property is located in a high-demand business hub (Powai/Andheri East) and offers physical possession, which significantly reduces transition risks. Given the strategic location in the Solaris-1 complex and the transparent bank auction process, it represents a strong investment opportunity for commercial expansion.

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