Mumbai Property Auction 400006: Others – Reserve ₹43.13 Cr (14 Oct 2026)
Verified Listing Auction Closed
Property ID: BKN-366466
Property Description
Looking for a property below market price in Mumbai? The Mumbai property auction 400006 by Bank of Maharashtra is scheduled for 14 Oct 2026. On offer is a others in Mumbai, Mumbai Suburban (PIN 400006). The online auction runs on 14 October 2026 (3:00 PM to 5:00 PM) with a reserve price of ₹43,13,00,000.
The property is being sold under ARC 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.
Table of Contents
Table of Contents
Mumbai Property Auction 400006: Key Highlights
- Reserve price: ₹43,13,00,000 (₹43.13 Cr)
- Bid increment: ₹1,00,00,000
- Auction: 14 October 2026, 3:00 PM to 5:00 PM
- Location: Mumbai, Mumbai Suburban, Maharashtra
- Possession: Other
Mumbai Property Auction 400006 – Complete Details
| Auction ID | 366466 |
| Bank property ID | MAHBPOOJADIAMLLP |
| Bank | Bank of Maharashtra |
| Branch | Stressassetmanagementbranch,mumbai |
| Property type | Other – Others |
| City / District | Mumbai, Mumbai Suburban |
| State | Maharashtra |
| PIN code | 400006 |
| Type of possession | Other |
| Type of action | ARC |
| Reserve price | ₹43,13,00,000 |
| Bid increment | ₹1,00,00,000 |
| Auto-extension | 5 minutes per late bid |
About the Location – Mumbai
This listing falls in Mumbai, Mumbai Suburban, Maharashtra, postal code 400006. 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 Stressassetmanagementbranch,mumbai, which is usually the best contact for site visits and local queries.
Is the Mumbai Property Auction 400006 Worth It?
Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value.
Important Dates for the Mumbai Property Auction 400006
- Inspection window: 29 September 2026, 10:00 AM to 12 October 2026, 5:00 PM
- EMD submission opens: 28 September 2026
- E-auction: 14 October 2026, 3:00 PM to 5:00 PM
- Auto-extension: 5 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 366466 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 8806177977.
- Pay the EMD through the BAANKNET wallet.
- Log in on 14 October 2026 and bid above the reserve in steps of ₹1,00,00,000; each late bid extends the auction by 5 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 auction property due diligence checklist before you bid.
Mumbai Property Auction 400006: FAQs
What is the reserve price in the Mumbai property auction 400006?
The reserve price is ₹43,13,00,000. Bids below the reserve price are not accepted.
When is the Mumbai property auction 400006 scheduled?
The e-auction is on 14 October 2026 from 3:00 PM to 5:00 PM.
How much EMD is required?
Please check the sale notice on BAANKNET for the EMD amount.
Where is the property located?
It is in Mumbai, Mumbai Suburban, Maharashtra – 400006.
Where can I see the official sale notice?
Search Auction ID 366466 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BoM and Maharashtra Auctions
- All Bank of Maharashtra auction listings
- More property auctions
- Bank auctions in Maharashtra
- Guide: reserve price bidding strategy
Source: Auction ID 366466 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Maharashtra before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Bank of Maharashtra. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Miscellaneous |
|---|---|
| Location | Mumbai, Mumbai Suburban, Mumbai, Maharashtra |
| Possession | Other |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 28 Sep 2026Auction Notice Published
- 29 Sep 2026Inspection Starts
- 12 Oct 2026Inspection Ends
- 14 Oct 2026, 3:00 PM to 5:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.