Land for Auction Nepean Sea Road Mumbai 3.8 Crore by Deutsche Bank Ag 07 May 2026
Nepean Sea Road, Mumbai
Area: 503 sq. ft
Shop No. 08, Ground Floor, MATRU ASHISH CO-OP HOUSING SOCIETY LTD, 39 Nepean sea road, Mumbai- 400 036
Deutsche Bank AG · Mumbai
Reserve price
₹3,80,00,000
EMD ₹38,00,000
Auction date
07 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 503 sq. ft
- ▸Locality: Nepean Sea Road
- ▸Reserve: ₹3,80,00,000
- ▸EMD: ₹38,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Nepean Sea Road |
| Built-up / plot area | 503 sq. ft |
| Lender | Deutsche Bank AG |
| Branch | Mumbai |
| Unit / flat no. | Shop No. 08 |
| Building / society | MATRU ASHISH CO-OP HOUSING SOCIETY LTD |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Land bank auction in Nepean Sea Road, Mumbai by Deutsche Bank AG — reserve price ₹3,80,00,000, 503 sq. ft, Symbolic possession.
Explore a prime bank auction property in Mumbai! This commercial shop for sale, located at 39 Nepean Sea Road, offers 503 sq. ft of space in a well-established co-operative housing society. The property is available in 'as is where is' condition, presenting a great investment opportunity. Deutsche Bank AG invites bids with a reserve price of ₹38,000,000 and an EMD of ₹3,800,000. The e-auction is scheduled for May 6, 2026. Don't miss out on this excellent chance to acquire a commercial property in a sought-after Mumbai location!
GeoSquare note: Located in a prime area of Mumbai, this shop has good potential.The property's price range, and commercial nature make it a fair investment option. However, the auction being on 'as is where is' basis and symbolic possession increase the risk factor.
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