Shop for auction 1 H P Apartment, Nepean Sea, Mumbai by Karnataka Bank

Property for Auction in Nepean Sea Road, Mumbai, Maharashtra

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Nepean Sea Road, Mumbai
Auction Date IconAuction Date:
25-02-2025 11:00 AM

Auction Details

Auction ID:444215

Bank Name:Karnataka Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:19,00,00,000

EMD:1,90,00,000

Service Provider:bankauctions.in

Important Dates

Submission Date:24-02-2025 05:00 PM

Bid Start Date:25-02-2025 11:00 AM

Property Description

The property is a commercial premise, specifically a showroom/office space, situated at G-1, Swapnalok, 47 Nepean Sea Road, Mumbai-36. It has a built-up area of 975 sqft. The property is bordered by the Iran Consulate Bungalow to the East, Nepean Sea Road to the West, H P Apartment to the North, and a bungalow to the South. The property is associated with M/s Jaipur Jewels Global Limited.

State:Maharashtra

City:Mumbai

Area:Nepean Sea Road

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for a Commercial Property located at G-1, Swapnalok, 47 Nepean Sea Road, Mumbai-36. The property is a Showroom/Office with a built-up area of 975 sqft. The property belongs to M/s Jaipur Jewels Global Limited. Key landmarks include the Iran Consulate Bungalow to the East, Nepean Sea Road to the West, H P Apartment to the North, and a Bungalow to the South. The auction is being conducted by Karnataka Bank with a reserve price of INR 190,000,000 and an Earnest Money Deposit (EMD) of INR 19,000,000. The auction will take place on 25-02-2025 from 11:00 AM to 11:30 AM. The application submission deadline is 24-02-2025 by 5:00 PM. For inquiries, contact 040-23736405 or 8142000725.

Borrower Name:M/s Jaipur Jewels Global Limited

Auction Type:SARFAESI Auction

Contact Details

Contact No.040-23736405, Mobile: 8142000725

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