Land And Building for auction Goregaon Mumbai 4 Cr State Bank of India

Property for Auction in Goregaon, Mumbai, Maharashtra

Recommendation
Calculated OpportunityScore: 6.8
Size
652 Square Meters
Reserve Price
3,57,00,000
Reserve Price
3,57,00,000
EMD Required
35,70,000
Property Specifications
Society/BuildingRoyal Palms
Size652 Square Meters
Unit No.63
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Goregaon, Mumbai
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612205

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch, Secunderabad

Reserve Price:3,57,00,000

EMD:35,70,000

Bid Increment:1,00,000

Auction Time:11:00 A.M. to 04.00 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:19-11-2025 05:00 PM

Bid Start Date:2025-11-20

Property Description

This offering presents a prime opportunity to acquire a substantial Land and Building asset in the bustling Goregaon area of Mumbai, Maharashtra. Situated in a key urban locality, this property is ideal for various development or investment purposes. Its location in Mumbai ensures excellent connectivity and access to essential amenities, making it a sought-after piece of real estate. The asset category is residential, suggesting potential for housing projects or related ventures. This is a unique chance to invest in a significant property within one of India's most dynamic economic hubs.

State:Maharashtra

City:Mumbai

Area:Goregaon

Asset Category:Residential

Full Address:63, Royal Palms, Plot No. 63 at Survey No.169 (pt) CTS No. 1627 (pt) Maroshi Village Royal Palms Goregaon (E), Goregaon, Mumbai

Building/Society:Royal Palms

Size:652 Square Meters

Auction Description

The State Bank of India is conducting a SARFAESI auction for a valuable Land and Building property in Goregaon, Mumbai. The auction will take place on November 20, 2025, commencing at 11:00 AM and concluding at 4:00 PM. The reserve price for this asset is ₹3,57,00,000, with an Earnest Money Deposit (EMD) of ₹35,70,000 required to participate. This auction is an excellent opportunity for investors and developers to acquire a strategically located property in Maharashtra's capital. Don't miss this chance to bid on a significant real estate asset.

Borrower Name:M/s. Apex Encon Projects Pvt. Ltd

Auction Type:SARFAESI Auction

Guarantor Names:The Liquidator, Apex Encon Projects Pvt. Ltd., M/s. Apex Encon Projects Private Limited, Smt. N Padmavathi, Smt. Nekkanti Padmavathi, Sri Nekkanti Venkata Anjaneya Varma, Sri N. Anjaneya Varma, Sri PhaniRatna Kumar Potluri, Sri Veeravenkata Satyanarayana Bobba, Sri Viswanatha Raju Dantuluri, Sri N.Krishna, Sri N.Subba Rao

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property in Goregaon, Mumbai, presents a calculated opportunity given its semi-finished status and land size. The reserve price of ₹35700000.0 requires careful assessment of completion costs and market valuation. Auction terms and location merit thorough due diligence for potential returns.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch, Secunderabad

Service Provider:BAANKNET

Contact Details:

Contact no:040-23251921

Discover Similar Auctions

Videos