Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609185
Bank Name:Federal Bank
Branch Name:LCRD - Mumbai Division
Reserve Price:₹57,52,000
EMD:₹5,75,200
Bid Increment:₹10,000
Auction Time:11:30 AM to 01:30 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a Federal Bank Commercial Office located in the bustling Andheri area of Mumbai, Maharashtra. Ideal for businesses seeking a prime location in one of India's major economic hubs, this property offers excellent connectivity and accessibility. Situated in a well-developed commercial district, it presents a significant opportunity for investment or expansion.
State:Maharashtra
City:Mumbai
Area:Andheri
Asset Category:Commercial
Full Address:409, 119 Business Point, Office No. 409, 4th Floor, B – Wing, 119 Business Point, Near Air Cargo Complex, Sahar Road, Andheri (East), Mumbai, Andheri East, Mumbai
Building/Society:119 Business Point
Size:447 sq ft
Auction Description
Federal Bank is conducting a SARFAESI auction for a commercial office property in Andheri, Mumbai. The reserve price is ₹57,52,000, with an Earnest Money Deposit (EMD) of ₹5,75,200 required. The auction will take place on December 3, 2025, from 11:30 AM to 1:30 PM. This is a unique opportunity to acquire a commercial asset through a transparent bidding process.
Borrower Name:M/s DSA Airfreight Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Deepika D Parab, Mr. Digamber S Tembulkar, Mr. Sandeep V Tirwadekar, Mr. Asmit J Hargude
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This commercial office in Andheri East presents a strong investment opportunity due to its strategic location near the airport. The property's size and type are suitable for various business purposes. With a reasonable reserve price and clear auction terms, it's a worthwhile consideration for investors seeking commercial properties in Mumbai.
Contact Details
Branch:Branch Office : LCRD - Mumbai Division
Service Provider:drt.auctiontiger.net
Contact Details:
Lecin C
Contact no:91-8828226729
