Property for Auction in Matunga, Mumbai, Maharashtra
Auction ID:166910
Bank Name:Kotak Mahindra Bank
Branch Name:Registered OfficeMumbai
Reserve Price:₹3,73,73,400
EMD:₹37,37,340
Service Provider:bankeauctions.com
Submission Date:2023-12-05 14:00:00
Bid Start Date:2023-12-05 14:00:00
This commercial property in the heart of Matunga, Mumbai, presents an exceptional investment opportunity. Situated in a prime location within the bustling Mumbai district of Maharashtra, this asset offers significant potential for businesses seeking a strategic foothold. Matunga is known for its vibrant commercial activity and excellent connectivity, making it an ideal location for various business ventures. The property's classification as commercial ensures its suitability for a range of enterprises, from retail outlets to office spaces. With its advantageous location and robust commercial environment, this property promises substantial returns and long-term growth. Seize the chance to acquire a valuable asset in one of Mumbai's most dynamic neighborhoods.
State:Maharashtra
City:Mumbai
Area:Matunga
Asset Category:Commercial
Kotak Mahindra Bank is offering a prime commercial property in Matunga, Mumbai, through a Sarfaesi Auction. The auction is scheduled for December 5th, 2023, with bidding commencing and concluding on the same day at 2:00 PM. The reserve price for this valuable asset is set at INR 37,373,400, with an Earnest Money Deposit (EMD) of INR 3,737,340 required to participate. Interested parties should submit their bids by the submission date on December 5th, 2023. For further information and assistance with the bidding process, please contact Mr. Kanhyasham Gupta at 8369156909 or Mr. Ashok Motwani at 9873737351. This auction presents a lucrative opportunity for strategic commercial investment in a thriving Mumbai locale; don't miss out!
Borrower Name:Mr. Areef Asgar Patel
Auction Type:Sarfaesi Auction
Mr. Kanhyasham Gupta @ 8369156909 , Mr. Ashok Motwani @ 9873737351