Independent research only · Not affiliated with any government, bank, or auction agency · Register, pay, and bid on the official source directly.

Listed2 Nov 2026
Registration and EMD close7 Dec 2026, 5:00 PM IST
Online auctionScheduled 8 Dec 2026, 11:00 AM–1:00 PM IST
Last verified2 Nov 2026
CFM Asset ReconstructionRegistration open

Second floor flat in Santacruz West, Mumbai: CFM Asset Reconstruction auction

A second floor flat in Santacruz West, Mumbai, Maharashtra, listed by CFM Asset Reconstruction Private Limited under the SARFAESI Act, 2002.

Registration is open now. Reserve ₹2.31 Cr, EMD ₹23.10 L. Registration and EMD close 7 Dec 2026, 5:00 PM IST.

Open CFM Asset Reconstruction’s listing
FlatReserve ₹2.31 CrRegister and pay the EMD by 7 Dec 2026

First seen · Source: CFM Asset Reconstruction listing on bankeauctions.com; lender’s sale documents

Key facts CFM Asset Reconstruction auction of a second floor flat in Santacruz West, Mumbai

Lender
CFM Asset Reconstruction Private Limited
Status
Registration open
Property
Flat 202
Address
Flat 202, Second floor, Kalpavruksha, Juhu Breeze Co-operative Housing Society, Santacruz West, Near Bandra, Danda, Mumbai, Maharashtra
Building or project
Kalpavruksha, Juhu Breeze Co-operative Housing Society
Floor
Second floor
Published carpet area
537 sq ft
Published built-up area
642 sq ft
Old and additional areas
430 sq ft + 107 sq ft (described as 25%)
Parent site
927 sq yd / 774.97 m²
Possession
Physical
Sold under
SARFAESI Act, 2002
Online auction
8 Dec 2026, 11:00 AM–1:00 PM IST
Registration and EMD close
7 Dec 2026, 5:00 PM IST
Reserve price
₹2,31,00,000
Bidding
Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit
Inspection
26 Nov 2026, 2:00 PM–5:00 PM IST
Earnest money (EMD)
₹23,10,000, 10% of the reserve — The table gives EMD ₹23.10 lakh (10% of reserve); tender clause 4 instead says 10% of the offer amount. Confirm the deposit required for your bid before paying.
Official source
CFM Asset Reconstruction listing 244814 on bankeauctions.com
Last verified
2 Nov 2026

Compiled from CFM Asset Reconstruction Private Limited’s listing 244814 and its linked sale documents on bankeauctions.com, checked on 2 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.

On the numbers

What the “₹2.31 Cr reserve” means

What CFM Asset Reconstruction’s sale documents say

The reserve is ₹2,31,00,000, with an EMD of ₹23,10,000. The table gives EMD ₹23.10 lakh (10% of reserve); tender clause 4 instead says 10% of the offer amount. Confirm the deposit required for your bid before paying. The highest bid is subject to acceptance under the sale notice.

What BiddingPulse covers

The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 2 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.

Auction summary

Source: CFM Asset Reconstruction listing on bankeauctions.com; lender’s sale documents

CFM Asset Reconstruction Private Limited is selling a second floor flat in Santacruz West, Mumbai, Maharashtra. Its sale notice says the lender has taken physical possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.

The reserve is ₹2,31,00,000 and the notice EMD is ₹23,10,000. The table gives EMD ₹23.10 lakh (10% of reserve); tender clause 4 instead says 10% of the offer amount. Confirm the deposit required for your bid before paying. The online auction is scheduled for 8 Dec 2026, 11:00 AM–1:00 PM IST. Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limit. Inspection is set for 26 Nov 2026, 2:00 PM–5:00 PM IST.

Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.

Auction & payment timeline

Source: CFM Asset Reconstruction listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
StageDateWhat it meansSource
Platform press date31 Oct 2026The listing’s press-release date for the lender’s sale noticeListing 244814
Listing seen2 Nov 2026First seen on bankeauctions.comListing 244814
Inspection26 Nov 2026, 2:00 PM–5:00 PM ISTThe window the sale notice gives to see the property; arrange it with the lenderSale notice
Registration and EMD close7 Dec 2026, 5:00 PM ISTRegister, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auctionListing 244814
Online auction8 Dec 2026, 11:00 AM–1:00 PM ISTOn bankeauctions.com. Bids rise in steps of ₹1,00,000, and a late bid extends the auction by 5 minutes, with no limitSale notice
Payment after acceptanceNotice-specific deadlinesRead the payment deadlines and conditions below; the lender’s documents set the dates.Sale documents

Sale, possession and payment terms

Read the requirements and risks from this lot’s sale documents, checked on 2 Nov 2026. Follow the lender’s originals and any later amendment before paying.

Sale documents

What exactly is being sold?

Flat 202 on the second floor of Kalpavruksha, Juhu Breeze Co-operative Housing Society, Santacruz West, Danda village near Bandra, Greater Mumbai, Maharashtra. The notice gives 430 sq ft old area plus 107 sq ft additional area described as 25%, totalling 537 sq ft carpet / 642 sq ft built-up.

The parent site is 927 sq yd / 774.97 m², part of Plot 5A and remaining Plot 7A, Town Planning Scheme II, Santacruz.

Parent-site boundaries: north and south, adjoining private properties; east, the vendor’s compound walls and property; west, partly private property, partly 30-foot road and partly another private property.

Neighbours’ names left out for privacy.

What are the reserve price and EMD for this flat?

The reserve is ₹2,31,00,000 and the earnest-money deposit (EMD) is ₹23,10,000. The table gives EMD ₹23.10 lakh (10% of reserve); tender clause 4 instead says 10% of the offer amount.

Confirm the deposit required for your bid before paying. The published submission deadline is 7 Dec 2026, 5:00 PM IST.

The online auction is a separate event; follow the notice’s payment and document instructions.

Who can bid for this flat, and how do I register?

Submit an online bid with photo ID, PAN/address proof and EMD evidence, and deliver the application and declaration with transfer details to CFM ARC’s corporate office. Apply for the whole offered asset; part-property bids are rejected.

The successful bidder must present original KYC and a notarised Section 29A declaration. An inspection representative needs ID and written authority or power of attorney.

Does the bank have possession, and can I inspect it?

The lender’s sale notice says it has taken physical possession. The lender’s sale notice sets inspection for 26 Nov 2026, 2:00 PM–5:00 PM IST. Ask CFM Asset Reconstruction’s authorised officer before you pay the EMD.

What do I pay if my bid is accepted?

Pay 25% including EMD immediately, no later than the next working day, by RTGS/NEFT. Pay the remaining 75% on or before the 15th day of sale confirmation, or within a period agreed by CFM ARC.

Default may forfeit all money and make the bidder liable for resale costs and any shortfall. Unsuccessful EMD is refundable within 10 working days without interest.

A bid cannot be withdrawn without the officer’s permission.

What other charges or claims could I face?

The buyer bears stamp duty, registration, taxes, VAT/cess if applicable, utility and maintenance dues and all known or unknown encumbrances. The creditor reports no known encumbrance, without guaranteeing title, measurements or permitted use.

What are the withdrawal, payment and sale risks?

Physical possession is stated as taken on 28 July 2026. The sale is as is where is, as is what is and without recourse.

CFM ARC reports no known encumbrance, which is not a title guarantee. The buyer accepts source variations in names, survey numbers, measurements and boundaries; inspect before bidding.

Redemption or an officer’s decision can stop the sale.

New to bank auctions? Risks, costs and checks before a bank auction — the full guide.

Verify on the official source

Public CFM Asset Reconstruction listing

Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.

Lender sale documents (ZIP)Document checked 2 Nov 2026CFM Asset Reconstruction’s listing 244814 on bankeauctions.comListing, sale notice and terms · registration, EMD payment and bidding details

Publication record

Every change dated · never silently rewritten
2 Nov 2026
Listing found on bankeauctions.com
Reserve ₹2,31,00,000, EMD ₹23,10,000, registration by 7 Dec 2026.
Listing 244814

More bank auctions in Mumbai

See all 15 in Mumbai →

15 bank auctions in Mumbai are open for registration now.

Also in MaharashtraBank auctions — 203 openAuthority sales
BrowseBank auctions across India: 1,031 open →Past auctions archive