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IDBI Bank to auction 10-bedroom, 12,200 sqft penthouse in Bandra

15 Feb 2019 Evaluate

IDBI Bank is auctioning a 10-bedroom, 12,200 sqft penthouse in the posh Bandra area of the megapolis. The property, which belonged to Pradeep K Hirani, was taken over by the bank under the Securitisation and Reconstruction of Financial Assets and Enforcement (Sarfaesi) Act last October after he defaulted on a loan. Hirani owes Rs 30.72 crore, including interest, to the bank and the property will be e-auctioned on February 22.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

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74.76 -1.03 (-1.36%)
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