Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611083
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Reserve Price:₹46,18,000
EMD:₹4,61,800
Auction Time:10:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
Discover a fantastic investment opportunity in the bustling city of Mumbai! This residential flat, located in the well-connected area of Borivali, Maharashtra, is being auctioned by Indian Bank under the SARFAESI Act. Ideal for individuals or families seeking a home in a prime location, this property offers convenience and accessibility to all essential amenities. The auction presents a chance to acquire a desirable asset in a sought-after Mumbai locality. Don't miss out on this excellent chance to own a piece of Mumbai's vibrant real estate market.
State:Maharashtra
City:Mumbai
Area:Borivali
Asset Category:Residential
Full Address:1, Mukta Mahek Residency, Mukta Mahek Residency, 90 feet road, Thakur Complex, Kandivali East, situated as CTS No. 637 A, Survey No. 22/5, at Village Poisar, Tal. Borivali, Dist. Mumbai Suburban, Thakur Complex, Kandivali East, Mumbai
Building/Society:Mukta Mahek Residency
Size:247 Sq.ft.
Auction Description
Indian Bank presents a SARFAESI auction for a residential flat in Borivali, Mumbai. The auction commences on November 19, 2025, at 10:00 AM and concludes at 4:00 PM on the same day. The reserve price for this property is INR 46,18,000, with an Earnest Money Deposit (EMD) of INR 4,61,800 required to participate. This is a unique opportunity to bid on a property owned by Mrs. Padma Sanjay Shinde, offering a chance to acquire a valuable asset in Mumbai's competitive real estate landscape. Secure your chance to own this Mumbai flat.
Borrower Name:Mrs. Padma Sanjay Shinde
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Omkar Sanjay Shinde
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a small flat in a decent Mumbai suburb, offered at a reasonable reserve price. The physical possession provides an added advantage. However, potential investors should carefully assess the property and location before bidding.
Contact Details
Branch:Branch Office : ZONAL OFFICE : RECOVERY DEPT : MUMBAI
Service Provider:BAANKNET
Contact Details:
Prem Prakash
Contact no:8976754735
