Industrial Land for Auction Parel Mumbai 119.4 Crore by Standard Chartered Bank 28 Apr 2026
Parel, Mumbai
Area: 7470.12 sq.ft.
Parekh Industrial Estate, Plot No. 46-47, C.S.No. 857, Jerbai Wadia Road, Near Mahatma Phule Technical School, Parel, Mumbai - 400 012 Bearing Cadastral Survey No.857 of Parel - Sewri Division
Standard Chartered Bank · Mumbai
Reserve price
₹1,19,35,33,000
EMD ₹11,93,53,300
Auction date
28 Apr 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 7470.12 sq.ft.
- ▸Locality: Parel
- ▸Reserve: ₹1,19,35,33,000
- ▸EMD: ₹11,93,53,300
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land · Industrials |
| Locality | Parel |
| Built-up / plot area | 7470.12 sq.ft. |
| Lender | Standard Chartered Bank |
| Branch | Mumbai |
| Unit / flat no. | Plot No. 46-47 |
| Building / society | Parekh Industrial Estate |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Industrial Land bank auction in Parel, Mumbai by Standard Chartered Bank — reserve price ₹1,19,35,33,000, 7470.12 sq.ft., Physical possession.
Bank auction property! Seize this opportunity to acquire a substantial industrial land in the prime location of Parel, Mumbai. The property spans 7470 sq.ft. and is strategically situated in Parekh Industrial Estate. Standard Chartered Bank is conducting an e-auction with a reserve price of ₹1,193,533,000 and an EMD of ₹119,353,300. Auction date is April 27, 2026. This is a lucrative chance for investors seeking industrial land in a key commercial hub. Don't miss out on this prime real estate offering!
GeoSquare note: Located in the prime industrial area of Parel, Mumbai, this industrial land offers significant potential. With physical posession and a high reserve price, it suits investors looking for long-term value. The auction details are clearly defined, indicating a straightforward process.
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