Shop for Auction Borivali Mumbai 4.5 Crore by State Bank of India 15 Apr 2026
Borivali, Mumbai
Area: 1835 Sft
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-1
Reserve price
₹4,55,00,000
EMD ₹45,50,000
Auction date
15 Apr 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1835 Sft
- ▸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 Sft |
| Lender | State Bank of India |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH-1 |
| 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 Sft, Physical possession.
Explore this bank auction property: a commercial shop for sale in Borivali, Mumbai. This prime property features 1835 sqft of carpet area on the ground floor and basement, including parking. Located in the sought-after area of Borivali West, near MTNL Hostel on Devidas Lane, this property presents a lucrative investment opportunity. The e-auction is scheduled for April 15, 2026, with a reserve price of ₹45,500,000. Don't miss the chance to acquire this commercial space through bank auction – a strategic asset for your portfolio.
GeoSquare note: The property's location in Borivali and commercial nature offer decent potential. However, the presence of pending legal issues and potential encumbrances, along with the incomplete construction, require careful evaluation. Given the reserve price and potential risks, it is a fair option with moderate investment appeal.
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