Property for Auction in Mumbai City, Mumbai, Maharashtra
Auction ID:540689
Bank Name:Canara Bank
Branch Name:ARM BRANCH MUMBAI
Reserve Price:₹1,62,35,000
EMD:₹16,23,500
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 11:00 AM
Discover a promising commercial investment nestled within the bustling Bhuleshwar Division of Mumbai City. This property, identified by its commercial premise at No 201 on the 2nd floor of the "Naviwadi Shree Maheshwari Co-operative Housing Society Ltd," offers a usable carpet area of 321 square feet, complete with a balcony and flowerbed. Its strategic location on Naviwadi Lane places it within a dynamic commercial hub, ensuring excellent connectivity and visibility. The property's address, rooted in Collector's old Nos 64 New Nos 648, 652, Old Survey No 378 & New Nos 292, and bearing New Nos 648, 652 Cadestral Survey No 1987 of E No 1987, signifies its presence in a well-established and accessible part of Mumbai. As a commercial property, it holds significant potential for various business ventures, from retail spaces to office suites, benefiting from the high footfall and economic activity characteristic of Mumbai City. This is an ideal opportunity for new buyers to enter the Mumbai real estate market with a property poised for growth and utility.
State:Maharashtra
City:Mumbai
Area:Mumbai City
Asset Category:Commercial
This SARFAESI auction, conducted by Canara Bank, presents a prime opportunity to acquire a commercial property in the heart of Mumbai City. The auction is scheduled to take place on July 30, 2025, with bidding open from 11:00 AM to 12:00 PM. Interested buyers are required to submit their applications by July 29, 2025, at 5:00 PM. The reserve price for this asset is ₹1,62,35,000, with an Earnest Money Deposit (EMD) of ₹16,23,500 required to participate. This commercial premise, located on the 2nd floor of the "Naviwadi Shree Maheshwari Co-operative Housing Society Ltd" at Naviwadi Lane, offers a usable carpet area of 321 sq ft, including a balcony and flowerbed. The property is situated in a well-established area of Mumbai, known for its commercial vibrancy and accessibility. The auction process is facilitated by BAANKNET, and for any queries, interested parties can contact Mr. Manu Goyal at 7983336442.
Borrower Name:M/s. Todi Synthetics Private Limited
Auction Type:SARFAESI Auction
Mr.Manu Goyal Manager : 7983336442