Plot for Auction Vile Parle E Mumbai 30 Lakh by Idfc First Bank Ltd
Vile Parle (E), Mumbai
107 and 108, Level 1, The Summit Business Bay, Samarth Nagar, Hanuman Road, W.E. Highway, Vile Parle (E), Mumbai - 400 057
IDFC First Bank Ltd · Chetpet, Chennai
Reserve price
₹30,00,000
EMD ₹3,00,000
Auction date
08 Oct 2026, 11:00 AM
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Quick read
- ▸Locality: Vile Parle (E)
- ▸Reserve: ₹30,00,000
- ▸EMD: ₹3,00,000
Auction snapshot
| Possession | — |
| Property type | Plot · Residential |
| Locality | Vile Parle (E) |
| Lender | IDFC First Bank Ltd |
| Branch | Chetpet, Chennai |
| Unit / flat no. | 107 and 108 |
| Building / society | The Summit Business Bay |
| Floor | Level 1 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | drt.auctiontiger.net |
About this property
Plot bank auction in Vile Parle (E), Mumbai by IDFC First Bank Ltd — reserve price ₹30,00,000.
Explore this premium commercial office space auction in The Summit Business Bay, Vile Parle, Mumbai. Located strategically on the Western Express Highway, this bank auction property offers a prime address for businesses. Units 107 and 108 on Level 1 provide excellent connectivity and visibility in a key commercial hub. Interested investors should note the reserve price of ₹3 Crores and the inspection date scheduled for 30th September 2026. This commercial property for sale represents a significant opportunity in Mumbai's competitive real estate market. Please be advised of the outstanding society and municipal tax dues, which must be considered during the bidding process. Ensure timely submission of EMD by 7th October 2026 to participate in the e-auction.
GeoSquare note: The property is located in a high-value commercial complex in Vile Parle, offering excellent strategic location benefits. However, the high amount of society and municipal tax dues significantly impacts the net acquisition cost, necessitating caution for potential bidders. Investors should conduct thorough due diligence regarding these liabilities before participating.
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