The reserve price of this prime property is Rs. 25 crore.
Wondering what life would be like if the legendary Amitabh Bachchan were your neighbour? Then, this is a great opportunity. Jalsa, a bungalow adjacent to Amitabh’s house in Mumbai’s Juhu, has come up for auction. Deutsche Bank has issued a public notice that the property is on auction. Located in Kapole Society, Vile Parle West, this property has an area of 3,339 sq ft. The bank fixed the auction reserve price at Rs. 25 crore. The auction will be held on March 27. Deutsche Bank seized the property after Seven Star Satellite Private Limited and others failed to pay the dues of Rs 12.89 crore within the stipulated 60 days. The bank announced that it will be auctioned under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act of 2002.