Representative illustration — Commercial Office bank auction in Panchpakhadi
Representative illustration — not the actual property photograph.
Commercial Office Commercial Symbolic possession Fair Option

Commercial Office for Auction Panchpakhadi Thane 53.4 Lakh by Punjab National Bank 30 May 2026

Panchpakhadi, Thane

Area: 510 Sq Ft

Shop premises No.7, Ground Floor, Shree Sai Park, Azad Nagar, Village Panchpakhadi, Thane west

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹53,37,000

EMD ₹5,33,700

Auction date

30 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 510 Sq Ft
  • Locality: Panchpakhadi
  • Reserve: ₹53,37,000
  • EMD: ₹5,33,700

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityPanchpakhadi
Built-up / plot area510 Sq Ft
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.7
Building / societyShree Sai Park
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Commercial Office bank auction in Panchpakhadi, Thane by Punjab National Bank — reserve price ₹53,37,000, 510 Sq Ft, Symbolic possession.

Explore this bank auction property: a commercial shop for sale in the prime location of Panchpakhadi, Thane. This shop, located on the Ground Floor of Shree Sai Park, offers 510 Sq Ft of space. The auction is conducted by Punjab National Bank with a reserve price of ₹5337000. Don't miss this opportunity to invest in a commercial property through a bank auction. This commercial shop for sale in Thane is available via e-auction on 2026-05-30, offering a strategic investment.

GeoSquare note: The property is a commercial shop in a decent locality of Thane, but the symbolic possession and the competitive price range suggest a moderate investment potential. Panchpakhadi is a developed area which adds to the value, however the high outstanding amount may pose challenges.

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