Representative illustration — Land And Building bank auction in Chandivali
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Strong Buy

Land and Building for Auction Chandivali Mumbai 30 Crore by Edelweiss Asset Reconstruction Company Limited 19 May 2026

Chandivali, Mumbai

Area: 12015 sq. mtrs

CTS No. 11 A (pt), 11A/191 to 402, 11D (pt), 20 (pt), 25/1 to 32 and 50 (pt) admeasuring 12015 sq. mtrs

Edelweiss Asset Reconstruction Company Limited · Regional Office : Mumbai

Reserve price

₹30,00,00,000

EMD ₹3,00,00,000

Auction date

19 May 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 12015 sq. mtrs
  • Locality: Chandivali
  • Reserve: ₹30,00,00,000
  • EMD: ₹3,00,00,000

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityChandivali
Built-up / plot area12015 sq. mtrs
LenderEdelweiss Asset Reconstruction Company Limited
BranchRegional Office : Mumbai
Building / societySumer Life
Auction typeSARFAESI Auction
Bid increment₹10,00,000
Service provideredelweiss arc

About this property

Land And Building bank auction in Chandivali, Mumbai by Edelweiss Asset Reconstruction Company Limited — reserve price ₹30,00,00,000, 12015 sq. mtrs, Symbolic possession.

Bank auction property available in Chandivali, Mumbai. This land and building, owned by M/s Sumer Corporation, spans 12015 sq. mtrs (129320 sq ft). The e-auction is scheduled for May 19, 2026, with a reserve price of ₹300,000,000.0 and an EMD of ₹30,000,000.0. Inspection is on 05-05-2026. Seize the opportunity to acquire a valuable property through this bank auction in a prime Mumbai location. Perfect for developers and investors seeking commercial land for sale.

GeoSquare note: This property represents a good investment opportunity due to its prime location in Chandivali, Mumbai, and its large land size, making it suitable for various development projects. The reserve price of ₹300,000,000.0 is reflective of the area's market value, and while the posession is symbolic, the overall potential makes it a worthwhile consideration. The auction details, including the May 19, 2026 date and EMD amount, are crucial for prospective bidders.

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