Mumbai Office Auction 400050: Office – Reserve ₹1.48 Cr (7 Oct 2026)

Bank of Baroda has put a office space up for sale through the Mumbai office auction 400050, open to all registered bidders on BAANKNET. On offer is a office in Mumbai, Mumbai Suburban (PIN 400050). The online auction runs on 7 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹1,48,00,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Mumbai Office Auction 400050: Key Highlights

• Reserve price: ₹1,48,00,000 (₹1.48 Cr)
• EMD: ₹14,80,000
• Bid increment: ₹50,000
• Auction: 7 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 7 October 2026, 2:00 PM
• Location: Mumbai, Mumbai Suburban, Maharashtra
• Possession: Symbolic

Mumbai Office Auction 400050 – Complete Details

Auction ID	363592
Bank property ID	BARB0RAKSHITCOMM
Bank	Bank of Baroda
Branch	Regional Sarb, Mmwr
Property type	Commercial – Office
City / District	Mumbai, Mumbai Suburban
State	Maharashtra
PIN code	400050
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹1,48,00,000
EMD	₹14,80,000
Bid increment	₹50,000
Auto-extension	10 minutes per late bid

About the Location – Mumbai

The property is located in Mumbai, Mumbai Suburban district, Maharashtra (PIN 400050). Maharashtra is India’s largest real-estate market, led by the Mumbai Metropolitan Region, Pune and Nagpur, and backed by strong industrial corridors such as the Samruddhi Mahamarg and the Mumbai–Pune belt. The handling branch is Regional Sarb, Mmwr, which is usually the best contact for site visits and local queries.

Is the Mumbai Office Auction 400050 Worth It?

The EMD of ₹14,80,000 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Mumbai Office Auction 400050

• Inspection window: 1 October 2026, 11:00 AM to 1 October 2026, 3:00 PM
• EMD submission opens: 21 September 2026
• Last date for EMD: 7 October 2026, 2:00 PM
• E-auction: 7 October 2026, 2:00 PM to 6:00 PM
• Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 363592 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 8197230907.
4. Pay the EMD of ₹14,80,000 through the BAANKNET wallet before 7 October 2026, 2:00 PM.
5. Log in on 7 October 2026 and bid above the reserve in steps of ₹50,000; each late bid extends the auction by 10 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title.
• Check pending property tax, electricity and water dues.
• Confirm the possession status and whether the property is occupied.
• Verify the approved plan and the condition of the building.
• Read our commercial property auction guide before you bid.

Mumbai Office Auction 400050: FAQs

More BoB and Maharashtra Auctions

• All Bank of Baroda auction listings
• More office space auctions
• Bank auctions in Maharashtra
• Guide: buying bank auction shops and showrooms

Source: Auction ID 363592 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda before bidding.