Shop for auction Gupt Road Dombivali 2 Cr IDBI Bank

This is a prime commercial shop located in the bustling area of Dombivali, Mumbai, Maharashtra. The property is being auctioned by IDBI Bank under SARFAESI Act. It presents a fantastic opportunity for investors and business owners looking for a strategic location in a high-footfall area. The property is suitable for various retail or commercial ventures, offering excellent visibility and accessibility. Situated in Mumbai, a major economic hub, this commercial shop is poised for significant growth and returns.

IDBI Bank is conducting a SARFAESI auction for a commercial shop in Dombivali, Mumbai, Maharashtra. The auction will commence on December 2, 2025, at 11:30 AM and conclude at 12:00 PM on the same day. The reserve price for this valuable commercial asset is INR 1,85,00,000, with an Earnest Money Deposit (EMD) of INR 18,50,000 required to participate. This is a unique chance to acquire a commercial property in a sought-after Mumbai locale through a transparent auction process.

The property's prime location in Dombivali, a strong commercial area, coupled with a reasonable reserve price, makes it a strong investment opportunity. While the size is limited, the potential for rental income and future appreciation is promising. The clear auction terms and IDBI Bank's backing add to the property's appeal.