Representative illustration — Others bank auction in Fort
Representative illustration — not the actual property photograph.
Others Others Risky Choice

Others for Auction Fort Mumbai 97 Crore by Liquidation E Auction

Fort, Mumbai

Not Applicable (Financial Assets)

Liquidation E-Auction · Ahmedabad

Reserve price

₹97,04,19,878

EMD ₹9,70,41,988

Auction date

21 Sep 2026, 11:00 AM

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  • Locality: Fort
  • Reserve: ₹97,04,19,878
  • EMD: ₹9,70,41,988

Auction snapshot

Possession
Property typeOthers · Others
LocalityFort
LenderLiquidation E-Auction
BranchAhmedabad
Auction typeLiquidation Auction
Bid increment₹5,00,000
Service providerBAANKNET

About this property

Others bank auction in Fort, Mumbai by Liquidation E-Auction — reserve price ₹97,04,19,878.

Participate in the bank auction property listing for the liquidation assets of Ushdev International Limited. This auction includes equity shares and advances receivables (Asset ID-4213, Auction ID-4676). This is a unique opportunity for institutional investors to acquire high-value financial holdings under the insolvency process. The reserve price is set at ₹97,04,19,878 with an EMD of ₹9,70,41,988. The e-auction is scheduled for 21st September 2026. Interested bidders must complete their due diligence and submit EOI and EMD documents by 18th September 2026 via the BAANKNET portal. This sale is conducted on an 'AS IS WHERE IS', 'AS IS WHAT IS', 'WHATEVER THERE IS' and 'WITHOUT RECOURSE' basis. For detailed terms, visit the official liquidation portal.

GeoSquare note: This asset consists of intangible financial equity shares and receivables rather than physical real estate, which carries significant valuation and recovery risks. Due to the complex nature of liquidation proceedings and the lack of physical collateral, this should be considered a high-risk financial investment.

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