Commercial Office for Auction Mandvi Mumbai 36.9 Lakh by Punjab National Bank 05 May 2026
Mandvi, Mumbai
Area: 198 Sq. Ft.
Unit No.201, 2nd Floor, Arihant Unit Premises Co operative Society Ltd. Ahmadabad Street, Masjid Bunder, Mandvi, Mumbai 400009
Punjab National Bank · Stressed Asset Management Branch : Mumbai
Reserve price
₹36,90,000
EMD ₹3,69,000
Auction date
05 May 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 198 Sq. Ft.
- ▸Locality: Mandvi
- ▸Reserve: ₹36,90,000
- ▸EMD: ₹3,69,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Office · Commercial |
| Locality | Mandvi |
| Built-up / plot area | 198 Sq. Ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch : Mumbai |
| Unit / flat no. | 201 |
| Building / society | Arihant Unit Premises Co operative Society Ltd |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Mandvi, Mumbai by Punjab National Bank — reserve price ₹36,90,000, 198 Sq. Ft., Physical possession.
Bank auction property! This commercial office space is up for sale in Mandvi, Mumbai. Located at Unit No. 201, 2nd Floor, Arihant Unit Premises Co operative Society Ltd. Ahmadabad Street, Masjid Bunder, Mandvi, Mumbai 400009, this 198 Sq. Ft. office is ideal for businesses seeking a prime location. The auction, conducted by Punjab National Bank, features a reserve price of ₹3690000.0 and an EMD of ₹369000.0. Don't miss this opportunity to invest in a strategically located commercial space in the heart of Mumbai.
GeoSquare note: The property is a small commercial office in a relatively busy area of Mumbai with physical posession. The price is reasonable given the location. However, the small size might limit its appeal to a narrow range of potential buyers and current market conditions effect the justification.
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