Representative illustration — Commercial Office bank auction in Ghatkopar
Representative illustration — not the actual property photograph.
Commercial Office Commercial Symbolic possession Strong Buy

Commercial Office for Auction Ghatkopar Mumbai 5.5 Crore by Punjab National Bank 05 May 2026

Ghatkopar, Mumbai

Area: 1507.00 sq.ft.

Flat No. 1203, 12th Floor, Building No. 3, LBS Road, Opp R City Mall, Ghatkopar West, Mumbai - 400086

Punjab National Bank · Stressed Asset Management Branch

Reserve price

₹5,52,00,000

EMD ₹5,52,000

Auction date

05 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1507.00 sq.ft.
  • Locality: Ghatkopar
  • Reserve: ₹5,52,00,000
  • EMD: ₹5,52,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityGhatkopar
Built-up / plot area1507.00 sq.ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch
Unit / flat no.1203
Building / societyBuilding No. 3
Floor12th Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Commercial Office bank auction in Ghatkopar, Mumbai by Punjab National Bank — reserve price ₹5,52,00,000, 1507.00 sq.ft., Symbolic possession.

A commercial office is up for bank auction property in the prime location of Ghatkopar, Mumbai. The property is a Flat No. 1203 on the 12th Floor in Building No. 3, LBS Road, opposite R City Mall, Ghatkopar West, Mumbai - 400086. It features a carpet area of 1507.00 sq.ft. along with 2 car parking spaces. The reserve price for this commercial shop for sale is ₹55,200,000, with an EMD of ₹552,000. The e-auction is scheduled for 2026-05-05. Don't miss this opportunity to invest in a strategically located commercial space.

GeoSquare note: Located in the well-connected Ghatkopar area of Mumbai, this commercial office offers a good investment opportunity. With a reserve price of ₹55,200,000 and a symbolic possession status, it presents a relatively accessible entry point into the Mumbai commercial property market. The property's size and location make it a potentially valuable asset.

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