Shop for Auction Borivali Mumbai 4.5 Crore by State Bank of India 05 May 2026 2
Borivali, Mumbai
Area: 1835 sqft
Shop No. 1, Ground Floor and Basement, OM JAGADISH Co. OPERATIVE HOUSING SOCIETY LTD, Village Eksar, Next to MTNL Hostel, Devidas Lane, Borivalli (West), Mumbai-400103
State Bank of India · Stressed Assets Management Branch
Reserve price
₹4,55,00,000
EMD ₹45,50,000
Auction date
05 May 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1835 sqft
- ▸Locality: Borivali
- ▸Reserve: ₹4,55,00,000
- ▸EMD: ₹45,50,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Borivali |
| Built-up / plot area | 1835 sqft |
| Lender | State Bank of India |
| Branch | Stressed Assets Management Branch |
| Unit / flat no. | Shop No. 1 |
| Building / society | OM JAGADISH Co. OPERATIVE HOUSING SOCIETY LTD |
| Floor | Ground Floor and Basement |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Borivali, Mumbai by State Bank of India — reserve price ₹4,55,00,000, 1835 sqft, Physical possession.
Bank auction property! A commercial shop for sale in the prime location of Borivali, Mumbai. This shop, located on the Ground Floor and Basement of OM JAGADISH Co. OPERATIVE HOUSING SOCIETY LTD, offers a spacious carpet area of 1835 sqft. The e-auction is scheduled for 2026-05-05, with a reserve price of ₹45500000.0 and an EMD of ₹4550000.0. Don't miss this opportunity to acquire a valuable commercial property in a sought-after area. Inspection available on 2026-04-28. Visit https://baanknet.com/ for more details.
GeoSquare note: The commercial shop in Borivali presents a strong investment opportunity given its prime location and size. The reserve price is reasonable considering the area, however, potential bidders should investigate encumbrances like the lack of an occupancy certificate and unpaid municipal taxes. Physical possession is a positive aspect.
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