Land and Building for Auction Old Cloth Lane Mumbai 2.3 Crore by Union Bank of India
Old Cloth Lane, Mumbai
Area: 166.84 sq. mtrs
Municipal Property No C1/307 (New), R-6/446 (Old), C.T.S. No.9414, Old Cloth Lane, Latur-413512
Union Bank of India · Regional Office
Reserve price
₹2,27,53,000
EMD ₹22,75,300
Auction date
29 Sep 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 166.84 sq. mtrs
- ▸Locality: Old Cloth Lane
- ▸Reserve: ₹2,27,53,000
- ▸EMD: ₹22,75,300
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Old Cloth Lane |
| Built-up / plot area | 166.84 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Regional Office |
| Unit / flat no. | C1/307 (New), R-6/446 (Old), C.T.S. No.9414 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,25,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Old Cloth Lane, Mumbai by Union Bank of India — reserve price ₹2,27,53,000, 166.84 sq. mtrs, Symbolic possession.
Explore this prime bank auction property featuring a commercial cum residential land and building in Old Cloth Lane, Latur. Located at Municipal Property No C1/307, this asset offers a plot area of 166.84 sqm and a built-up area of 4666 sq.ft. Ideally situated in a prominent area of Latur (Pin: 413512), this property is an excellent opportunity for investors seeking commercial real estate. The auction is managed by Union Bank of India, Latur Subhash Road Branch. Participate in this transparent e-auction process to acquire high-value real estate. Detailed boundaries and ownership specifics are verified by the bank. Don't miss this chance to invest in a strategically located commercial property in Maharashtra.
GeoSquare note: This property is a strong investment due to its dual commercial/residential potential and central location in Latur's Old Cloth Lane. While the possession is currently symbolic, the established location and significant built-up area of 4666 sq.ft. offer excellent value for the reserve price. It is recommended for investors looking for established urban assets.
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