Shop for Auction Byculla Mumbai 1.7 Crore by Bank of Maharashtra 14 May 2026
Byculla, Mumbai
Area: 762 sq ft
DEEP LAKSHMI TOWER Mumbai Central Red Cross Road, Bearing C.S. No. 1870 (pt), Byculla Division, Mumbai Central, Mumbai-400011
Bank of Maharashtra · Stressed Asset Management Branch
Reserve price
₹1,71,45,000
EMD ₹17,15,000
Auction date
14 May 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 762 sq ft
- ▸Locality: Byculla
- ▸Reserve: ₹1,71,45,000
- ▸EMD: ₹17,15,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Byculla |
| Built-up / plot area | 762 sq ft |
| Lender | Bank of Maharashtra |
| Branch | Stressed Asset Management Branch |
| Unit / flat no. | Shop No. 18 |
| Building / society | DEEP LAKSHMI TOWER |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Commercial Shop bank auction in Byculla, Mumbai by Bank of Maharashtra — reserve price ₹1,71,45,000, 762 sq ft, Physical possession.
Bank auction property! Commercial shop for sale in the prime Byculla area of Mumbai. This 762 sq ft shop is located on the Ground Floor of DEEP LAKSHMI TOWER on Mumbai Central Red Cross Road. The e-auction is scheduled for May 14, 2026, with a reserve price of ₹17,145,000 and an EMD of ₹1,715,000. Don't miss this opportunity to acquire a valuable commercial property in a bustling Mumbai location through a bank auction.
GeoSquare note: This commercial shop in Byculla, Mumbai, presents a fair investment opportunity. While the price is relatively high, the physical possession is a definite advantage. The location is good, but potential investors should carefully assess the market value and comparable properties before bidding.
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