Land for auction 63 Maroshi Villa, Maroshi, Mumbai by SBI

Situated in the vibrant locale of Maroshi, Goregaon (East), Mumbai, this offering presents a substantial plot of land measuring 652 square meters, complete with a semi-finished building. Located at Plot No. 63, Survey No. 169 (part), CTS No. 1627 (part), within the Royal Palms area, this property is zoned as Residential and represents a compelling prospect for development or personal use. Mumbai, a prime real estate market, offers immense potential for capital appreciation and rental income. The strategic location in Goregaon (East) provides excellent connectivity to commercial hubs, educational institutions, and entertainment zones, enhancing its desirability. This land and building asset, owned by M/s. Apex Encon Projects Pvt. Ltd, is ideal for buyers looking to invest in a property with significant upside potential in one of India's most dynamic cities.

This property is being auctioned by the State Bank of India under the SARFAESI Act, offering a unique opportunity for astute investors and new property buyers. The auction will take place on July 31, 2025, commencing at 11:00 AM and concluding at 4:00 PM. Prospective bidders must submit their applications by July 30, 2025, at 5:00 PM. The reserve price is set at ₹3,57,00,000, with an Earnest Money Deposit (EMD) of ₹35,70,000 required to participate. This auction is managed by BAANKNET, a recognized service provider in online property sales. For further inquiries, interested parties can contact the Stressed Assets Management Branch, Secunderabad, at 040-23251921. Familiarize yourself with the auction terms and conditions thoroughly before placing any bids.