Land and Building for Auction Parel Mumbai 17.4 Crore by Standard Chartered Bank 26 May 2026 2
Parel, Mumbai
Area: 693.99 SQ. MTRS
Parekh Industrial Estate, Plot No. 46-47, C.S.No. 857, Jerbai Wadia Road, Near Mahatma Phule Technical School, Parel, Mumbai 400 012
Standard Chartered Bank · Mumbai
Reserve price
₹17,41,79,700
EMD ₹1,74,17,970
Auction date
26 May 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 693.99 SQ. MTRS
- ▸Locality: Parel
- ▸Reserve: ₹17,41,79,700
- ▸EMD: ₹1,74,17,970
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Parel |
| Built-up / plot area | 693.99 SQ. MTRS |
| Lender | Standard Chartered Bank |
| Branch | Mumbai |
| Building / society | Parekh Industrial Estate |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | matex.net |
About this property
Land And Building bank auction in Parel, Mumbai by Standard Chartered Bank — reserve price ₹17,41,79,700, 693.99 SQ. MTRS, Physical possession.
Explore this bank auction property featuring a spacious commercial space on the 2nd floor of Parekh Industrial Estate, located in the prime area of Parel, Mumbai. This land and building property spans 693.99 sq. mtrs (7470.12 sq. ft. carpet area) and is offered with a reserve price of ₹174,179,700. Don't miss the e-auction on 2026-05-26, with an EMD of ₹17,417,970. A fantastic investment opportunity in a sought-after location. Perfect for businesses or investors seeking commercial properties in Mumbai.
GeoSquare note: Located in Parel, Mumbai, this commercial property on auction presents a strong investment opportunity due to its prime location. The physical posession provides security, and while the price is high, its potential returns justify the rating. Interested buyers should conduct thorough due diligence.
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