Shop for auction Dadar (West) Mumbai 3 Cr Indian Bank

Indian Bank is auctioning a commercial property located in the bustling Dadar (West) area of Mumbai, Maharashtra. This prime real estate was formerly owned by M/s. Tony Fashions. Situated in a highly accessible and commercially vibrant part of the city, this property offers excellent potential for business ventures. Its location in Dadar (West) ensures good connectivity and visibility, making it an attractive asset for investors or businesses looking to establish or expand their presence in Mumbai. Don't miss this opportunity to acquire a commercial asset in one of Mumbai's key business districts.

This is a SARFAESI auction conducted by Indian Bank for a commercial property in Dadar (West), Mumbai. The auction will take place on December 10, 2025, commencing at 10:00 AM and concluding at 04:00 PM on the same day. The reserve price for this valuable commercial asset is ₹2,88,31,000.00, with an Earnest Money Deposit (EMD) of ₹28,83,100.00 required to participate. This auction presents a unique chance to bid on a commercial property in a prime Mumbai location, formerly associated with M/s. Tony Fashions. Interested parties are encouraged to review all auction terms and conditions.

The property is located in a prime commercial area of Dadar, Mumbai. The reserve price seems reasonable. However, the symbolic possession status indicates potential legal complexities which need to be evaluated before bidding.