Plot for Auction Parel Mumbai 14.1 Crore by Standard Chartered Bank
Parel, Mumbai
Area: 693.99 sq. mtrs
Parekh Industrial Estate, Plot No. 46-47, C.S.No. 857, Jerbai Wadia Road, Near Mahatma Phule Technical School, Parel, Mumbai-400 012
Standard Chartered Bank · Mumbai
Reserve price
₹14,10,85,557
EMD ₹1,41,08,556
Auction date
05 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 693.99 sq. mtrs
- ▸Locality: Parel
- ▸Reserve: ₹14,10,85,557
- ▸EMD: ₹1,41,08,556
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Parel |
| Built-up / plot area | 693.99 sq. mtrs |
| Lender | Standard Chartered Bank |
| Branch | Mumbai |
| Unit / flat no. | Plot No. 46-47 |
| Building / society | Parekh Industrial Estate |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | drt.auctiontiger.net |
About this property
Plot bank auction in Parel, Mumbai by Standard Chartered Bank — reserve price ₹14,10,85,557, 693.99 sq. mtrs, Physical possession.
Explore this prime bank auction property located in the heart of Parel, Mumbai. This commercial industrial space, situated in Parekh Industrial Estate, offers an expansive carpet area of 7470.12 sq. ft. (693.99 sq. mtrs) on the 2nd floor. Strategically positioned near Mahatma Phule Technical School, this unit is ideal for businesses looking for a established industrial hub. With a reserve price of approximately ₹14.10 Crore, this is a significant opportunity for investors and industrial operators. Participate in the upcoming e-auction conducted by Standard Chartered Bank. Ensure you complete the EMD submission by 04-08-2026 to be eligible for bidding. Don't miss out on securing this valuable commercial asset in a prime location of Mumbai.
GeoSquare note: This property is a high-value commercial asset located in a strategic industrial zone in Parel, Mumbai. The possession status is physical, which significantly reduces acquisition risk for the buyer. Given the size and location, this is a strong investment opportunity for large-scale operations or commercial real estate developers.
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