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Commercial in BHANDUP INDUSTRIAL PLOT

BHANDUP INDUSTRIAL PLOT, Mumbai

Reserve price
₹25.44 Cr
Auction date
17 Feb 2026
11:00 AM
EMD deadline
13 Nov 2025
11:00 PM
Bid increment
₹1,00,000.00

Auction timeline

Auction starts
17 Feb 2026 at 11:00 AM
Auction ends
17 Feb 2026 at 3:00 PM
EMD submission deadline
13 Nov 2025 at 11:00 PM

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

Property overview

Property Title
Shops for Sale in BHANDUP INDUSTRIAL PLOT, Mumbai
Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Leasehold
Title Deed Type
Others (agreement to sale)
Property Price
₹25.44 Cr
Property Identifiers
Bank Property ID
MAHB031101

Location details

Property Address
COMMERCIAL LAND AND STRUCTURE THEREON AT PLOT NO. 296B, BHANDUP INDUSTRIAL AREA, SONAPUR LANE, OFF LBS MARG BHANDUP WEST MUMBAI 400078
Locality: BHANDUP INDUSTRIAL PLOT
City: Mumbai
District: Mumbai Suburban
State: Maharashtra
Pin Code: 400078
Country: India

Borrower & Loan details

Borrower Name
JMD AUTO INDIA PRIVATE LIMITED
Registered Address of Borrower
SHOWROOM NO.8,9 &10 PRITHVI PARK, PLOT NO.4,5 &6, SECTOR 30, SANPADA VASHI NAVI MUMBAI MAHARASHTRA 400705
Owner
JMDVFM CARS INDIA PRIVATE LIMITED
Ownership of Property
Guarantor Cum Mortgagor
Co-Borrower(s)
DRUPAD KANHAIYALAL MENDA,KANHAIYALAL JAGDISHLAL MENDA,ANURADHA KANHAIYALAL MENDA,GIRISH RAMESH VAZIRANI
NPA Amount
₹20.09 Cr
NPA Date
31 Oct 2024
Ownership Type
Leasehold
Title Deed
Others
Asset Type
Immovable
Customer ID
10002641041
Demand Notice
Notice Date
14 Nov 2024
Asset Classification
Classification Date
16 Jan 2025
Classification ID
2
Possession Dates
Symbolic
27 Feb 2025

EMD Schedule

EMD Start
20 Jan 2026
2:59 PM
EMD Deadline
16 Feb 2026
11:00 PM
Payment Deadline
13 Nov 2025

Officer Details

Authorized Officer
SUMAN KUMAR JHA
Chief Manager

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
Leasehold
Title Deed Type
Others (agreement to sale)
Asset Type
Immovable
Property ID
MAHB031101
Bank of Maharashtra
Verified seller
Branch: BOMBAY-ANDHERI EAST
IFSC: MAHB

Bank contact

+91 961869
Branch Address
VEDAVATI CO-OP.HSG.SOCY.BLDG, SAHAR RDANDHERI(E),BOMBAY
Branch IFSC
MAHB0000311
Department
BOMBAY-ANDHERI EAST