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Commercial in Mumbai

Mumbai

Reserve price
₹12.70 Cr
Auction date
06 Mar 2026
11:00 AM
EMD deadline
11 Jan 2026
11:59 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Registered Mortgage of Entire 1st Floor Commercial Premises (Excluding Bank premises) Mantri Corner CHSL, Junction of Gokhale Road, Sayani Road, Dadar West, Mumbai-400025 admeasuring 5200 Sq. Ft. Built up in the name of M/s National India Contractors and Engineers.
City: Mumbai
District: Mumbai Suburban
State: Maharashtra
Pin Code: 400025
Country: India

Auction timeline

Auction starts
06 Mar 2026 at 11:00 AM
Auction ends
06 Mar 2026 at 4:00 PM
EMD submission deadline
11 Jan 2026 at 11:59 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹12.70 Cr
Property Identifiers
Bank Property ID
PUNBNATIONALINDIA
Collateral ID
KG248771638

Property Images

Price history

3 previous auctions
₹14.5Cr29 Apr₹12.7Cr₹12.7CrNow 12.4% down
₹12,69,75,000.00
12 Jan 2026
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹14,50,00,000.00
30 Jul 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹14,50,00,000.00
29 Apr 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S National India Contractors & Engineers
Registered Address of Borrower
Commercial Unit on 1st Floor, South Corner, Mantri Corner CHSL, Junction of Gokhale Road , Sayani Road , Dadar west, Mumbai-400025.
NPA Amount
₹3.97 Cr
NPA Date
27 Jun 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
KG248771638
Customer ID
O20366390
Demand Notice
Notice Date
10 Jul 2023
Notice Amount
₹5.88 Cr
Asset Classification
Classification Date
27 Jun 2023
Classification ID
3
Possession Dates
Symbolic
07 Nov 2023

Additional details

Description
Registered Mortgage of Entire 1st Floor Commercial Premises (Excluding Bank premises) Mantri Corner CHSL, Junction of Gokhale Road, Sayani Road, Dadar West, Mumbai-400025 admeasuring 5200 Sq. Ft. Built up in the name of M/s National India Contractors and Engineers.

EMD Schedule

EMD Start
09 Feb 2026
12:31 PM
EMD Deadline
05 Mar 2026
11:59 PM
Payment Deadline
11 Jan 2026

Officer Details

Authorized Officer
SATYENDRA MISHRA
Authorised Officer - Scale - V - AGM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
KG248771638
Property ID
PUNBNATIONALINDIA
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB THANE 832500
IFSC: PUNB

Bank contact

+91 83950 00953
Branch Address
Punjab National Bank, Circle Office Thane
Branch IFSC
PUNB0444400
Department
ARMB THANE 832500