Commercial Office for Auction Santacruz East Mumbai 3.9 Crore by Punjab National Bank
Santacruz (East), Mumbai
Area: 108.98 sq. mtrs
Office No. 1, 2nd Floor, Manthan Plaza, Nehru Road, Vakola, Santacruz (East), Mumbai-400055
Punjab National Bank · ARMB Thane
Reserve price
₹3,85,00,000
EMD ₹38,50,000
Auction date
02 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 108.98 sq. mtrs
- ▸Locality: Santacruz (East)
- ▸Reserve: ₹3,85,00,000
- ▸EMD: ₹38,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Office · Commercial |
| Locality | Santacruz (East) |
| Built-up / plot area | 108.98 sq. mtrs |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Office No. 1 |
| Building / society | Manthan Plaza |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Santacruz (East), Mumbai by Punjab National Bank — reserve price ₹3,85,00,000, 108.98 sq. mtrs, Symbolic possession.
Explore this prime bank auction property featuring a commercial office for sale in the bustling locality of Santacruz East, Mumbai. Located in the well-known Manthan Plaza on Nehru Road, this office space spans 108.98 sq. mtrs (approx. 1173 sq. ft.). This commercial asset is part of a Punjab National Bank SARFAESI auction. With a strategic location in the commercial hub of Mumbai, this property presents a significant investment opportunity for businesses looking for professional space in a high-connectivity area. Interested bidders can participate in the upcoming e-auction. Ensure you review all legal documentation provided by the bank before submission. Don't miss this chance to acquire a commercial office in one of Mumbai's key business districts through a transparent bank auction process.
GeoSquare note: The property is located in a high-demand commercial area of Santacruz East, offering excellent business connectivity. While the possession status is currently symbolic, the prime location and established commercial building structure make it a strong investment choice for firms looking to establish a presence in Mumbai. The reserve price aligns with the commercial real estate standards in the region.
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