Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613039
Bank Name:Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹86,00,000
EMD:₹8,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a residential flat located in the prime area of Powai, Mumbai, Maharashtra. Offered by the Bank of India through a SARFAESI auction, this property presents a fantastic opportunity for home buyers and investors in one of Mumbai's most sought-after localities. Powai is known for its excellent infrastructure, educational institutions, and commercial hubs, making it a desirable place to live.
State:Maharashtra
City:Mumbai
Area:Powai
Asset Category:Residential
Full Address:302, Shanti Complex, Om Shanti Chs Ltd, Residential Flat No. 302 on 3rd Floor, G Wing. In the Building Shanti Complex, Om Shanti Chs Ltd", Village: Tungawa, Saki Vihar Road, Opp. L&T Gate No. 7. Powai, Mumbai -400072, Powai, Mumbai
Building/Society:Shanti Complex, Om Shanti Chs Ltd
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Powai, Mumbai. The auction has a reserve price of INR 8,600,000 and requires an Earnest Money Deposit (EMD) of INR 860,000. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 5:00 PM on the same day. This is a direct opportunity to acquire a property in a well-developed urban area.
Borrower Name:M/s . Bhakti Coporation
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
Located in Powai, a desirable Mumbai suburb, this flat presents a solid investment opportunity. The reserve price appears reasonable for the location, suggesting good value potential. The 'Strong Buy' recommendation is based on the property's location, residential type, and attractive auction terms.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
