Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 8.2
Auction ID:609457
Bank Name:Authum Investment & Infrastructure Limited
Branch Name:Registred Office:Mumbai
Reserve Price:₹7,25,35,000
EMD:₹72,53,500
Bid Increment:₹1,00,000
Auction Time:11:00-13:00
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in the prime area of Walkeshwar, Mumbai, Maharashtra. The property is being auctioned by Authum Investment & Infrastructure Limited under the SARFAESI Act. It represents a valuable opportunity to acquire a flat in one of Mumbai's most sought-after neighborhoods.
State:Maharashtra
City:Mumbai
Area:Walkeshwar
Asset Category:Residential
Full Address:104, A-1 Apartment, Flat No. 104, 10th Floor, in building known as A-1 Apartment, 270 Walkeshwar Road Next To Governor House Mumbai Mumbai, Maharashtra - 400006 situated in land bearing No. C.S. 3 to7 of Malabar and Cumballa Hill Division Mumbai City, Walkeshwar, Mumbai
Building/Society:A-1 Apartment
Size:940 sq. ft.
Auction Description
Authum Investment & Infrastructure Limited is conducting a SARFAESI auction for a residential flat in Walkeshwar, Mumbai. The auction will take place on December 5, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹7,25,35,000, with an Earnest Money Deposit (EMD) of ₹72,53,500. This is a significant opportunity for interested buyers to participate in the bidding process for this property.
Borrower Name:Laxminarayan Ramchandra Bhattad
Auction Type:SARFAESI Auction
Guarantor Names:RMB Event Management Pvt Ltd., Harishkumar Ramchandra Bhattad, Harikishan Ramchandra Bhattad, Bhagwandas Ramchandra Bhattad, Jayant Bhagwandas Bhattad, Jayshree Laxminarayan Bhattad
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The Walkeshwar location in Mumbai is a prime residential area, offering high investment potential. The property is a flat which provides steady rental income and capital appreciation. Given the property type, prime location, and the bank's auction terms, this is a promising investment opportunity.
Contact Details
Branch:Branch Office : Registred Office:Mumbai
Service Provider:Public Auction
Contact Details:
Lalit Kamat
Contact no:8419982204
