RBI Auctions Lonavala Bungalows Near Mumbai

The Reserve Bank of India (RBI) is selling three bungalows in Lonavala, a hill station near Mumbai.

These properties, once used as holiday homes for RBI staff, are near Lonavala Lake.

The sale is happening 'as is,' meaning buyers take the properties in their current condition.

Interested buyers can inspect the bungalows until September 8, 2025.

Bids must be submitted by September 9, 2025.

The starting price is ₹6.55 crore.

Cushman and Wakefield India, a real estate company, is managing the sale process.

The buyer will be responsible for clearing any pending taxes.