Land and Building for Auction Old Cloth Lane Mumbai 60 Lakh by Union Bank of India
Old Cloth Lane, Mumbai
Area: 42.30 sq. mtrs
Municipal Property No C1/306 (New), R-6/444 (Old), 65010611 (New), C.T.S. No.9412, Old Cloth Lane, Latur-413512
Union Bank of India · Regional Office
Reserve price
₹60,02,000
EMD ₹6,00,200
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 42.30 sq. mtrs
- ▸Locality: Old Cloth Lane
- ▸Reserve: ₹60,02,000
- ▸EMD: ₹6,00,200
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Old Cloth Lane |
| Built-up / plot area | 42.30 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Regional Office |
| Unit / flat no. | Municipal Property No C1/306 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹60,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Old Cloth Lane, Mumbai by Union Bank of India — reserve price ₹60,02,000, 42.30 sq. mtrs, Symbolic possession.
Explore this prime bank auction property featuring a commercial-cum-residential land and building located in the heart of Old Cloth Lane, Latur. With a plot area of 42.30 sq. mtrs and a built-up area of 1200.00 sq. ft., this property offers excellent potential for business or residential use. The auction, conducted by Union Bank of India, is a significant opportunity for investors looking for well-located assets in Maharashtra. The property (Municipal Property No C1/306) comes with a reserve price of ₹60,02,000. Don't miss this chance to acquire a valuable asset through a transparent e-auction process on 29.09.2026. Secure your bid now for this promising commercial property in Latur.
GeoSquare note: Located in a central business hub (Old Cloth Lane) in Latur, this dual-use property offers significant commercial utility. While the possession status is currently symbolic, the combination of land and building provides a solid foundation for capital appreciation. It is a strong investment option for buyers looking for mixed-use assets in established urban areas.
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