Office for auction Andheri East Mumbai 58 lakh Federal Bank

Property for Auction in Andheri, Mumbai, Maharashtra

Recommendation
Strong BuyScore: 7.8
Possession
Physical
Size
447 sq ft
Reserve Price
57,52,000
Reserve Price
57,52,000
EMD Required
5,75,200
Property Specifications
Society/Building119 Business Point
Size447 sq ft
Unit No.409
Floor4th Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Office
Location IconLocation:
Andheri, Mumbai
Auction Date IconAuction Date:
03-12-2025 11:30 AM

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

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