Representative illustration — Flat bank auction in Vile Parle
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Vile Parle Mumbai 13.2 Crore by Punjab National Bank 08 Jun 2026

Vile Parle, Mumbai

Area: 2237 Sq.Ft.

Flat No.701, 7th Floor, Adhikari Villa, 46 Hatkesh CHS, JVPD Scheme, NS Road-7, Vile Parle (West), Mumbai-400049

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹13,17,00,000

EMD ₹1,31,70,000

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 2237 Sq.Ft.
  • Locality: Vile Parle
  • Reserve: ₹13,17,00,000
  • EMD: ₹1,31,70,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityVile Parle
Built-up / plot area2237 Sq.Ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.701
Building / societyAdhikari Villa, 46 Hatkesh CHS, JVPD Scheme
Floor7th Floor
Auction typeSARFAESI Auction
Bid increment₹10,00,000
Service providerBAANKNET

About this property

Flat bank auction in Vile Parle, Mumbai by Punjab National Bank — reserve price ₹13,17,00,000, 2237 Sq.Ft., Symbolic possession.

Bank auction property in Mumbai! A spacious 7th-floor flat in Adhikari Villa, Vile Parle (West), is up for e-auction by Punjab National Bank. This residential flat boasts a carpet area of 2237 Sq.Ft. and an open terrace of 2178 Sq.Ft., perfect for comfortable living. The auction is scheduled for August 6, 2026, with a reserve price of ₹131,700,000 and an EMD of ₹13,170,000. Don't miss this opportunity to acquire a prime property in a sought-after location through a bank auction.

GeoSquare note: The property is a sizable flat with a terrace in a desirable Mumbai location, but the high reserve price and symbolic possession could deter some investors. It's a fair option for those specifically targeting this area and property type, but requires careful consideration of the investment relative to its value and posession status.

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