Shop for Auction Borivali Mumbai 4.5 Crore by State Bank of India 05 May 2026
Borivali, Mumbai
Area: 1835 sqft
Shop No. 1 on the Ground Floor and Basement, Commercial Premises having Carpet area of 1835 sqft., along with two car parking in the building known as "OM JAGADISH Co. OPERATIVE HOUSING SOCIETY LTD", Village Eksar, situated 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
Auction notice
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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.
Explore this exceptional bank auction property: a commercial shop located in the bustling area of Borivali, Mumbai. The property, offered by State Bank of India, features a spacious 1835 sqft area, including a ground floor and basement, along with two car parking spaces in 'OM JAGADISH Co. OPERATIVE HOUSING SOCIETY LTD'. With a reserve price of ₹45500000.0 and an EMD of ₹4550000.0, this bank auction property presents a lucrative investment opportunity. The e-auction is scheduled for 2026-05-05. Don't miss out on this prime commercial shop for sale in a sought-after Mumbai location!
GeoSquare note: The commercial shop in Borivali, Mumbai, offers a decent opportunity given its location and size. However, encumbrances like the lack of an occupancy certificate and pending municipal taxes since 2016, along with a Commercial Arbitration Proceeding, temper its appeal. With a reserve price of ₹45500000.0 and physical possesion , further due diligence is essential to assess the potential risks and returns.
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