Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:609186
Bank Name:Federal Bank
Branch Name:LCRD - Mumbai Division
Reserve Price:₹67,38,000
EMD:₹6,73,800
Bid Increment:₹10,000
Auction Time:11:30am to 1:30 pm
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
Federal Bank presents a commercial office space for auction in the prime locality of Andheri East, Mumbai, Maharashtra. This SARFAESI auction offers a valuable opportunity to acquire a commercial asset in a bustling business hub. The property is situated in a well-connected area with excellent infrastructure, making it ideal for various business ventures.
State:Maharashtra
City:Mumbai
Area:Andheri East
Asset Category:Commercial
Full Address:310, 119 Business Point, Office No. 310, 3rd Floor, B – Wing, 119 Business Point, Near Air Cargo Complex, Sahar Road, Andheri (East), Mumbai, Andheri East, Mumbai
Building/Society:119 Business Point
Size:620 sq ft
Auction Description
This is a SARFAESI auction conducted by Federal Bank for a commercial office property located in Andheri East, Mumbai. The auction will commence on December 3, 2025, at 11:30 AM and conclude at 1:30 PM on the same day. The reserve price is set at ₹67,38,000, with an Earnest Money Deposit (EMD) of ₹6,73,800 required to participate. This is a direct opportunity to purchase from the bank.
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
The property is a well-located commercial office in a prime area of Andheri East, Mumbai. While the reserve price is reasonable, due diligence is recommended. Its location and auction terms offer a solid investment opportunity.
Contact Details
Branch:Branch Office : LCRD - Mumbai Division
Service Provider:drt.auctiontiger.net
Contact Details:
Lecin C
Contact no:91-8828226729
