Representative illustration — Flat bank auction in Santacruz East
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Fair Option

Flat for Auction Santacruz East Mumbai 33.1 Crore by Bank of India 28 Apr 2026

Santacruz East, Mumbai

Area: 2480 sq. ft

CTS No 1499 to 1510 of village Kole-Kalyan, Masjid Road, Vakola, Santacruz East, Mumbai-55

Bank of India · Specialised Asset Recovery Management Branch

Reserve price

₹33,11,28,000

EMD ₹3,31,12,800

Auction date

28 Apr 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 2480 sq. ft
  • Locality: Santacruz East
  • Reserve: ₹33,11,28,000
  • EMD: ₹3,31,12,800

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalitySantacruz East
Built-up / plot area2480 sq. ft
LenderBank of India
BranchSpecialised Asset Recovery Management Branch
Unit / flat no.Flat no 101, 201, 301, 401, 501, 601, 701, 801, 901, 1001, 1101, 1201
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerPublic Auction

About this property

Flat bank auction in Santacruz East, Mumbai by Bank of India — reserve price ₹33,11,28,000, 2480 sq. ft, Physical possession.

Bank auction property! Explore a unique investment opportunity with 12 under-construction flats located in the prime area of Santacruz East, Mumbai. These flats, each measuring 2480 sq. ft, are situated on land at CTS No 1499 to 1510, Kole-Kalyan, Masjid Road, Vakola. The auction, conducted by Bank of India, features a reserve price of ₹331128000.0 and an EMD of ₹33112800.0. Don't miss out on this chance to acquire property in one of Mumbai's sought-after locations. Perfect for investors looking for bank auction property in Mumbai.

GeoSquare note: The property is well-located in Santacruz, Mumbai, but the fact that it is under construction adds risk. The reserve price is quite high and may limit the pool of potential buyers. Still it has physical posession which is positive. Potential investors need to carefully evaluate the construction status and market value before bidding.

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