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

Commercial Office for Auction Panchpakhadi Thane 71 Lakh by Punjab National Bank 30 May 2026

Panchpakhadi, Thane

Area: 875 Sq. Ft.

Flat No.402, 4th Floor Building D, Shree Sai Park, Azad Nagar-2, Village Panchpakhadi, Thane west

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹71,00,000

EMD ₹7,10,000

Auction date

30 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 875 Sq. Ft.
  • Locality: Panchpakhadi
  • Reserve: ₹71,00,000
  • EMD: ₹7,10,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityPanchpakhadi
Built-up / plot area875 Sq. Ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.402
Building / societyShree Sai Park
Floor4th 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 ₹71,00,000, 875 Sq. Ft., Symbolic possession.

A prime bank auction property in Thane! This commercial office flat, located in the heart of Panchpakhadi, offers an excellent investment opportunity. The property, situated on the 4th floor of Shree Sai Park, spans 875 sq. ft. and is ideally located in Azad Nagar-2. Punjab National Bank presents this opportunity with a reserve price of ₹71,00,000 and an EMD of ₹7,10,000. Don't miss out on this chance to acquire a valuable asset through a bank auction. This property is under symbolic possession.

GeoSquare note: Located in Panchpakhadi, Thane, a well-established area, this commercial office flat presents a promising investment with symbolic posession. Its price range makes it an attractive option, and the clear auction details make for a straightforward transaction. While symbolic possession adds a layer of complexity, the potential returns justify a closer look.

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