Plot for Auction Parel Bhoiwada Mumbai 2.6 Crore by L T Finance Ltd 22 Jul 2026
Parel, Bhoiwada, Mumbai
Area: 14554.66 Sq. Ft. Carpet
Plot No. 46 And 47, Survey No. 857, Parel Sewri Division, Jerbai Wadia Road, Bhoiwada, Parel, Mumbai 400 012.
L&T Finance Ltd. · Registered Office : Mumbai
Reserve price
₹2,62,54,900
EMD ₹26,25,490
Auction date
22 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 14554.66 Sq. Ft. Carpet
- ▸Locality: Parel, Bhoiwada
- ▸Reserve: ₹2,62,54,900
- ▸EMD: ₹26,25,490
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Parel, Bhoiwada |
| Built-up / plot area | 14554.66 Sq. Ft. Carpet |
| Lender | L&T Finance Ltd. |
| Branch | Registered Office : Mumbai |
| Unit / flat no. | Plot No. 46 & 47, Survey No. 857 |
| Building / society | Parekh Corporation |
| Floor | Entire Ground Floor with Mezzanine, Entire First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in Parel, Bhoiwada, Mumbai by L&T Finance Ltd. — reserve price ₹2,62,54,900, 14554.66 Sq. Ft. Carpet, Physical possession.
This L&T Finance bank auction presents a prime commercial opportunity in Parel, Mumbai. The property comprises the entire Ground Floor with Mezzanine (7084.54 Sq. Ft Carpet) and the entire First Floor (7470.12 Sq. Ft Carpet) within the Parekh Corporation building, situated on Plot No. 46 & 47, Survey No. 857. Located on Jerbai Wadia Road, Bhoiwada, Parel, Mumbai 400 012, this commercial plot offers a total carpet area of 14554.66 Sq. Ft. The e-auction is scheduled for July 22, 2026, with a reserve price of ₹2,62,54,900 and EMD of ₹26,25,490. Physical possession has already been taken, making it a ready-to-move-in commercial space for businesses or investors. Don't miss this opportunity to acquire a bank auction property in a coveted Mumbai location.
GeoSquare note: This property is a prime investment due to its strategic location in Parel, Mumbai, a highly sought-after commercial hub. The physical possession status significantly reduces buyer risk and facilitates immediate use. With a substantial carpet area of over 14,500 sq. ft. across two floors, it offers excellent potential for businesses or rental income, justifying its strong recommendation.
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