Flat for Auction Santacruz Mumbai 7.4 Crore by Union Bank of India 12 May 2026
Santacruz, Mumbai
Area: 1379 Sq. ft.
Flat No. 902, 9th Floor, PALAZZO OPULENCE MANGAL NEVATIA CHSL, Sarojini Road, Santacruz (West), Mumbai - 400 054
Union Bank of India · Stressed asset Management Branch : Mumbai
Reserve price
₹7,44,30,000
EMD ₹74,43,000
Auction date
12 May 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1379 Sq. ft.
- ▸Locality: Santacruz
- ▸Reserve: ₹7,44,30,000
- ▸EMD: ₹74,43,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Santacruz |
| Built-up / plot area | 1379 Sq. ft. |
| Lender | Union Bank of India |
| Branch | Stressed asset Management Branch : Mumbai |
| Unit / flat no. | 902 |
| Building / society | PALAZZO OPULENCE MANGAL NEVATIA CHSL |
| Floor | 9th Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Santacruz, Mumbai by Union Bank of India — reserve price ₹7,44,30,000, 1379 Sq. ft., Symbolic possession.
Bank auction property! Spacious 9th-floor flat for sale in the prestigious PALAZZO OPULENCE MANGAL NEVATIA CHSL, located in Santacruz (West), Mumbai. This residential flat offers 1379 sq. ft. of carpet area with 2 car parking spaces. The e-auction takes place on 2026-05-12, with a reserve price of ₹74430000.0 and an EMD of ₹7443000.0. A prime opportunity to acquire a property in a sought-after location. Don't miss this chance to invest in Santacruz!
GeoSquare note: Located in the prime Santacruz area of Mumbai, this large flat presents a decent investment opportunity. However, the symbolic possession and existing encumbrances due to the MPID Act attachment add complexity and risk, affecting the overall valuation. The high reserve price requires careful consideration of market conditions and potential returns.
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