Property Details

Bank Details
  • Bank Name :
  • Reserve Price :  ₹17,34,40,000.00
  • EMD :  ₹1,73,44,000.00
  • Branch Name :  Stressed Asset Management Large Branch
  • Service Provider :  BAANKNET
Contact Details :

Contact Mall Id: samlargemumbai@indianbank.co.in

Description

Commercial building situated on Leasehold Plot No 5, Royal Palm Estate, Aarey Milk Colony Road, Village Maroshi, Goregaon (East), Mumbai-400065 alongwith Movable assets lying there. Unit Boundries: East: By Picadilly Apartment-1, West: By Commercial Building, North: By Road & Diamond Isle-4, South: By Road & Diamond Isle-2. Encumbrances on property if any: 1. The IA 5806/2023 in CP(IB) No. 1088/MB/2020 filed by the liquidator at NCLT against the property has been dismissed on 03.06.2025. 2. The following dues has been raised for the property Commercial Building Situated on Leasehold plot no. 5, Royal Palm Estate, Aarey Milk Colony Road, Village Maroshi, Goregaon (East), Mumbai-400065 (a). Rs. 6.40 Crore by M/s. Royal Palms (India) Pvt. Ltd up to FY 25-26. (b). Rs. 1.27 Cr Crore by BMC for property Tax vide their letter dated 30.12.2024 (c). Electricity Bill of Rs. 0.18 Crore as per Bill dated 09.02.2026 (d). Any other dues if any, are not known to the Bank. The intending purchaser shall make independent enquiry in this regard. The Settlement/Removal/Satisfaction of the encumbrances Shall be sole responsibility of the bidder/intending purchaser.

Property Details
  • Borrower Name :  M/s. Topsgrup Services and Solutions Limited
  • Asset Category :  Commercial
  • Auction Type :  SARFAESI Auction
  • Property Type :  Commercial Building
  • Auction Start Date :  12-03-2026 10:00 AM
  • Auction End Time :  12-03-2026 04:00 PM
  • Application Subbmision Date :  11-03-2026 05:00 PM
Downloads
  • Sale Notice 1: