Flat for Auction Santacruz Mumbai 11.5 Crore by Union Bank of India 12 May 2026
Santacruz, Mumbai
Area: 2160 sq. ft.
E/32, Garden Scheme, 15th Road, Santacruz (West), Mumbai - 400 054
Union Bank of India · Stressed asset Management Branch : Mumbai
Reserve price
₹11,52,00,000
EMD ₹1,15,20,000
Auction date
12 May 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2160 sq. ft.
- ▸Locality: Santacruz
- ▸Reserve: ₹11,52,00,000
- ▸EMD: ₹1,15,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Santacruz |
| Built-up / plot area | 2160 sq. ft. |
| Lender | Union Bank of India |
| Branch | Stressed asset Management Branch : Mumbai |
| Unit / flat no. | 1201 |
| Building / society | PALAZZO Gayatri of Gayatri CHSL |
| Floor | 12th |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Santacruz, Mumbai by Union Bank of India — reserve price ₹11,52,00,000, 2160 sq. ft., Symbolic possession.
Bank auction property! This spacious flat in Santacruz, Mumbai, offers an incredible opportunity. The 12th-floor flat features 2160 sq. ft. of built-up area, plus a 1300 sq. ft. open-to-sky terrace and 2 stilt car parking spaces. Located in 'PALAZZO Gayatri', this property is ideal for those seeking a luxurious residence in a prime location. Don't miss this bank auction for a flat in Santacruz. Reserve price: ₹115,200,000. EMD: ₹11,520,000. Auction Date: May 12, 2026.
GeoSquare note: This property is a strong buy due to its prime location in Santacruz, Mumbai, combined with its generous size and additional terrace space. The reserve price is substantial, however, the location and size suggest a potentially high return on investment. The symbolic posession status introduces a moderate level of risk.
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