Plot for Auction Lower Parel Mumbai 1.6 Crore by Pegasus Asset Reconstruction Pvt Ltd 07 May 2026
Lower Parel, Mumbai
Area: 810 Sq. fts.
Gala/Unit No 348, 3rd floor of the building now known as Shah & Nahar Industrial Premises (A-2) Co-operative Society Ltd constructed on the land beanng Cadastral Survey No. 159 of Lower Parel Division and registered in the Book of the Collector of Land Revenue under New Nos. 12297, 12602, 12630, 12663 and 12613, 'G' Ward Nos. 1017(i), 1040, 1041, 1093 and Street Nos.22, 45, 46A & 48
Pegasus Asset Reconstruction Pvt. Ltd · Mumbai
Reserve price
₹1,57,53,600
EMD ₹15,75,360
Auction date
07 May 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 810 Sq. fts.
- ▸Locality: Lower Parel
- ▸Reserve: ₹1,57,53,600
- ▸EMD: ₹15,75,360
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Lower Parel |
| Built-up / plot area | 810 Sq. fts. |
| Lender | Pegasus Asset Reconstruction Pvt. Ltd |
| Branch | Mumbai |
| Unit / flat no. | 348 |
| Building / society | Shah & Nahar Industrial Premises (A-2) Co-operative Society Ltd. |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Service provider | drt.auctiontiger.net |
About this property
Plot bank auction in Lower Parel, Mumbai by Pegasus Asset Reconstruction Pvt. Ltd — reserve price ₹1,57,53,600, 810 Sq. fts., Physical possession.
Bank auction property! This industrial plot, Gala/Unit No. 348, located in Lower Parel, Mumbai, offers a great investment opportunity. With 810 Sq. fts. of built-up area on the 3rd floor of Shah & Nahar Industrial Premises, this property is ideal for businesses. The e-auction is scheduled for May 7th, 2026, with a reserve price of ₹15,753,600 and an EMD of ₹1,575,360. Don't miss out on this commercial plot for sale in a prime location!
GeoSquare note: The property is an industrial unit in a well-known area of Mumbai, but the physical possession is a positive factor. The price is relatively high, which impacts the recommendation. Potential investors should consider the location and unit details before making a decision.
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