Shop for Auction Cumballa Hill Mumbai 3.5 Crore by Deutsche Bank Ag 07 Jul 2026
Cumballa Hill, Mumbai
Area: 503.0 sq. ft (built up area)
Shop No. 08, Ground Floor, MATRU ASHISH CO-OP HOUSING SOCIETY LTD, 39 Nepean sea road, Mumbai-400 036.
Deutsche Bank AG · Mumbai
Reserve price
₹3,55,00,000
EMD ₹35,50,000
Auction date
07 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 503.0 sq. ft (built up area)
- ▸Locality: Cumballa Hill
- ▸Reserve: ₹3,55,00,000
- ▸EMD: ₹35,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Cumballa Hill |
| Built-up / plot area | 503.0 sq. ft (built up area) |
| Lender | Deutsche Bank AG |
| Branch | Mumbai |
| Unit / flat no. | Shop No. 08 |
| Building / society | MATRU ASHISH CO-OP HOUSING SOCIETY LTD |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Commercial Shop bank auction in Cumballa Hill, Mumbai by Deutsche Bank AG — reserve price ₹3,55,00,000, 503.0 sq. ft (built up area), Symbolic possession.
Discover a prime commercial shop for sale through a bank auction by Deutsche Bank AG. Located at Cumballa Hill, a prestigious area in Mumbai, Maharashtra, this property offers an excellent investment opportunity. The shop, bearing No. 08 on the Ground Floor of MATRU ASHISH CO-OP HOUSING SOCIETY LTD at 39 Nepean Sea Road, measures approximately 503 sq. ft. (built-up area). The reserve price is set at ₹3,55,00,000 with an EMD of ₹35,50,000. Bidders can inspect the property on June 27, 2026, from 10 am to 5 pm. The e-auction date is July 7, 2026, with the last date for EMD submission also on July 7, 2026. This bank auction property is offered on an 'as is where is' basis, free from known encumbrances. Don't miss this opportunity to acquire a valuable commercial asset in a high-demand locality of Mumbai.
GeoSquare note: This commercial shop is located in Cumballa Hill, Mumbai, a highly desirable and prime location, which significantly boosts its investment appeal. While the 'as is where is' clause and symbolic possession status introduce a minor risk, the bank's assurance of no known encumbrances and future physical handover make it a strong opportunity. The reserve price is competitive for the area and property type, making it a compelling option for investors seeking a commercial asset in a premium locality.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.