Representative illustration — Commercial Office bank auction in Panchpakhadi
Representative illustration — not the actual property photograph.
Commercial Office Commercial Physical possession Prime Investment

Commercial Office for Auction Panchpakhadi Thane 2.4 Crore by Saraswat Co Op Bank Ltd

Panchpakhadi, Thane

Area: 1436.00 sq. ft.

Office No.B-1 and B-2, Tara Niwas C.H.S.Ltd., Tika No.15, City Survey No.22/A, Panchpakhadi, Thane (W)-400 601

Saraswat co-op. Bank Ltd. · Centralised Recovery Department

Reserve price

₹2,41,00,000

EMD ₹24,00,000

Auction date

09 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 1436.00 sq. ft.
  • Locality: Panchpakhadi
  • Reserve: ₹2,41,00,000
  • EMD: ₹24,00,000

Auction snapshot

PossessionPhysical
Property typeCommercial Office · Commercial
LocalityPanchpakhadi
Built-up / plot area1436.00 sq. ft.
LenderSaraswat co-op. Bank Ltd.
BranchCentralised Recovery Department
Unit / flat no.Office No.B-1 and B-2
Building / societyTara Niwas C.H.S.Ltd.
FloorBasement
Auction typeSARFAESI Auction
Bid increment₹2,50,000
Service providerdrt.auctiontiger.net

About this property

Commercial Office bank auction in Panchpakhadi, Thane by Saraswat co-op. Bank Ltd. — reserve price ₹2,41,00,000, 1436.00 sq. ft., Physical possession.

Explore this prime bank auction property featuring a spacious commercial office space for sale in the heart of Panchpakhadi, Thane. This property, located in Tara Niwas C.H.S. Ltd., comprises two units (Office No. B-1 and B-2) with a combined built-up area of 1436 sq. ft. situated at the basement level. This commercial office for sale offers an excellent opportunity for investors and businesses looking to establish a presence in a prominent Thane location. The auction is being conducted by Saraswat Co-operative Bank Ltd. under SARFAESI proceedings on an 'as is where is' basis. With physical possession taken by the bank, this deal represents a secure investment opportunity. Interested bidders must submit their EMD by 07-09-2026. Don't miss out on this high-potential commercial asset in a well-connected locality.

GeoSquare note: This property is a strong investment choice due to its strategic location in Panchpakhadi, Thane, and the availability of physical possession by the bank, which reduces acquisition risks. The total area of 1436 sq. ft. provides significant utility for commercial use at a competitive reserve price. Highly recommended for businesses or investors looking for established office space.

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