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Commercial in Mumbai

Mumbai

Reserve price
₹4.05 Cr
Auction date
10 Feb 2026
11:00 AM
EMD deadline
09 Oct 2025
4:00 PM
Bid increment
₹25,000.00

Auction timeline

Auction starts
10 Feb 2026 at 11:00 AM
Auction ends
10 Feb 2026 at 5:00 PM
EMD submission deadline
09 Oct 2025 at 4:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹4.05 Cr
Property Identifiers
Bank Property ID
BKIDARB001

Location details

Property Address
COMMERCIAL UNIT NO 501 5TH FLOOR SHREE PLATINUM COMMERCIAL CO-OPERATIVE SOCIETY LTD ON THE PLOT BEARING CTS NO. 4935 TO 4997 VILLAGE GHATKOPAR JAWAHAR ROAD GHATKOPAR EAST MUMBAI 400077
City: Mumbai
District: Mumbai Suburban
State: Maharashtra
Pin Code: 400077
Country: India
Nearest Airport / Railway Station / Bus Stand
GHATKOPAR RAILWAY STATION

Price history

4 previous auctions
₹4.0Cr9 Oct₹4.0Cr₹4.0CrNow
₹4,05,00,000.00
9 Jan 2026
Commercial
Bank of IndiaPossession: Physical
₹4,05,00,000.00
9 Dec 2025
Commercial
Bank of IndiaPossession: Physical
₹4,05,00,000.00
11 Nov 2025
Commercial
Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
M/S SAVITRI ARGOTECH PVT LTD
Registered Address of Borrower
13 SAVANI APARTMENT M G ROAD GHATKOPAR EAST MUMBAI 400077
Ownership of Property
Borrower
Co-Borrower(s)
MR BHAWMIK NARENDRA DAVE,MR JAYESHKUMAR PREMJIBHAI MALVIYA
NPA Amount
₹2.51 Cr
NPA Date
30 Jun 2018
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Demand Notice
Notice Date
28 Aug 2018
Notice Amount
₹2.51 Cr
Asset Classification
Classification Date
31 Dec 2018
Classification ID
1
Possession Dates
Physical
25 Jul 2023

Additional details

Description
COMMERCIAL UNIT NO 501 5TH FLOOR SHREE PLATINUM COMMERCIAL CO-OPERATIVE SOCIETY LTD ON THE PLOT BEARING CTS NO. 4935 TO 4997 VILLAGE GHATKOPAR JAWAHAR ROAD GHATKOPAR EAST MUMBAI 400077

EMD Schedule

EMD Start
21 Jan 2026
4:37 PM
EMD Deadline
10 Feb 2026
4:00 PM
Payment Deadline
09 Oct 2025

Officer Details

Authorized Officer
REVIN THOMAS KURIEN
CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
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
Property ID
BKIDARB001

Nearby Amenities

Nearest Station
GHATKOPAR RAILWAY STATION
Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH NAVI MUMBAI
IFSC: BKID

Bank contact

+91 22 2756 4907
Branch Address
BOI Building, Plot No.11, Sector 11, CBD Belapur, Navi Mumbai.
Department
ASSET RECOVERY BRANCH NAVI MUMBAI