Plot for Auction Bhandup West Mumbai 3.8 Crore by Pegasus Asset Reconstruction Pvt Ltd

Quick read

• ▸Possession: Physical
• ▸Area: 2731 sq. ft.
• ▸Locality: Bhandup (West)
• ▸Reserve: ₹3,76,20,000
• ▸EMD: ₹37,62,000

About this property

Plot bank auction in Bhandup (West), Mumbai by Pegasus Asset Reconstruction Pvt. Ltd — reserve price ₹3,76,20,000, 2731 sq. ft., Physical possession.

Invest in a premium commercial property with this bank auction listing in Mumbai. Located in the Eastern Business District (formerly Magnet Mall), Bhandup, this office space spans a total of 2731 sq. ft. comprising units E-204, E-205, and E-206 on the second floor. The property includes 6 dedicated car parking spaces in the P4 level. Situated on LBS Marg, this location offers excellent connectivity and visibility. This commercial property for sale is being auctioned by Pegasus Assets Reconstruction Pvt. Ltd. with a reserve price of ₹3,76,20,000. Don't miss this opportunity to acquire a well-connected commercial asset in Mumbai's thriving business hub. Prospective bidders are advised to conduct due diligence regarding outstanding society dues and property taxes before the auction date of September 8, 2026.

GeoSquare note: The property is located in a prestigious commercial complex with high visibility and accessibility, making it an excellent investment for business operations. While the outstanding society and tax dues require financial consideration, the prime location in Bhandup justifies the reserve price. Physical possession by the bank adds a layer of security to the acquisition process.