Representative illustration — Industrial Land bank auction in Andheri East
Representative illustration — not the actual property photograph.
Industrial Land Industrials Constructive possession Prime Investment

Industrial Land for Auction Andheri East Mumbai 10.2 Crore by Karnataka Bank

Andheri East, Mumbai

Area: 7643 sq. ft.

Unit No.02, 3rd Floor, The Business Bay, Mayfair Industrial Area, Safed Pool, Andheri Kurla Road, Mohili Village, Andheri (East), Mumbai 400072

Karnataka Bank · Asset Recovery Management Branch

Reserve price

₹10,15,00,000

EMD ₹1,01,50,000

Auction date

29 Sep 2026, 12:00 PM

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Quick read

  • Possession: Constructive
  • Area: 7643 sq. ft.
  • Locality: Andheri East
  • Reserve: ₹10,15,00,000
  • EMD: ₹1,01,50,000

Auction snapshot

PossessionConstructive
Property typeIndustrial Land · Industrials
LocalityAndheri East
Built-up / plot area7643 sq. ft.
LenderKarnataka Bank
BranchAsset Recovery Management Branch
Unit / flat no.Unit No.02
Building / societyThe Business Bay
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerAuctionbazaar

About this property

Industrial Land bank auction in Andheri East, Mumbai by Karnataka Bank — reserve price ₹10,15,00,000, 7643 sq. ft., Constructive possession.

Explore this prime bank auction property located in the heart of Andheri East, Mumbai. This commercial office space is situated on the 3rd floor of the prestigious 'The Business Bay' in the Mayfair Industrial Area. With a total super built-up area of 7643 sq. ft. (5095 sq. ft. carpet area), this property offers an excellent investment opportunity for businesses looking for a strategic location. The e-auction for this commercial property is scheduled for 29-09-2026 by Karnataka Bank. Don't miss this chance to acquire a premium commercial asset in one of Mumbai's key industrial hubs. Interested bidders should note the reserve price and ensure EMD submission by 28-09-2026. Contact the bank for further details regarding this high-value commercial auction.

GeoSquare note: This property is located in a highly sought-after industrial/commercial hub in Andheri East, making it a lucrative investment. While the possession is constructive, the location and scale of the office space offer significant potential for appreciation and rental yields. The high reserve price reflects its prime commercial standing.

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