Land & Building for Sale in Kalbadevi

This bank-auction property comprises land and a building for sale in Kalbadevi, Mumbai. The asset is located at Ramnath Sadan, Cavel Street, N J Acharya Marg, Gaiwadi, and has a plot area of 1,039.30 square meters with a ground-plus-four-floor structure.

Property Details

• The property is a land and building asset located in Kalbadevi, Mumbai.
• The plot area measures 1,039.30 square meters.
• The building consists of a ground floor and four upper floors.
• The property has 44 tenants on a Pagdi basis.
• There are 29 residential tenants in the building.
• The remaining occupants include shop owners, godown users, and other commercial occupants.
• The property is identified as Ramnath Bhavan and Ramnath Sadan in the provided details.
• There is encroachment on the plot.
• The High Court has issued orders to vacate the premises, and the process is currently underway.
• The buyer, after becoming the owner, is stated to receive rent from tenants and negotiate redevelopment terms.
• The auction type is a liquidation auction.

The stated package includes bank payment, government statutory dues as applicable, professional fees, and additional stamp duty and registration charges. For site visit or more details, contact AV Properties.