Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612041
Bank Name:Bank of Maharashtra
Branch Name:MUMBAI NORTH ZONAL OFFICE
Reserve Price:₹3,87,00,000
EMD:₹38,70,000
Auction Time:11.00 a.m. to 3:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
This is a SARFAESI auction for a Residential Land and Building located in Mumbai City, Mumbai, Maharashtra. The property is being auctioned by the Bank of Maharashtra, associated with borrower M/s Sunsai Media Developers Private Limited. This is a prime opportunity to acquire a property in a sought-after urban location.
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Residential
Full Address:301&302, Lower Parel 1D Cooperative Housing Society Ltd., Unit No.301&302, 3rd Floor, Building No.1D, Lower Parel 1D Cooperative Housing Society Ltd. Neelganga Nagar, Matulya Mill Compound, Lower Parel, Mumbai
Building/Society:Lower Parel 1D Cooperative Housing Society Ltd.
Auction Description
Bank of Maharashtra is conducting a SARFAESI auction for a Land and Building property in Mumbai City, Maharashtra. The auction will take place on November 14, 2025, from 11:00 AM to 03:00 PM. The reserve price is ₹3,87,00,000, with an Earnest Money Deposit (EMD) of ₹38,70,000 required. Interested bidders should review all auction terms and conditions.
Borrower Name:M/s Sunsai Media Developers Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Shivani Suryakant Kadkane
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a prime commercial area of Mumbai. The reserve price seems reasonable and the location makes it a worthwhile investment. However, due diligence on encumbrances is necessary.
Contact Details
Branch:Branch Office : MUMBAI NORTH ZONAL OFFICE
Service Provider:BAANKNET
Contact Details:
Suman Kumar Jha
Contact no:8530253773
