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

Commercial Office for Auction Santacruz Mumbai 4.2 Crore by Punjab National Bank 08 Jun 2026

Santacruz, Mumbai

Area: 108.98 Sq. Mtr.

Office No. 1, 2nd Floor, Manthan Plaza, Nehru Road, Vakola, Santacruz (East), Mumbai - 400055

Punjab National Bank · ARMB Thane

Reserve price

₹4,23,00,000

EMD ₹42,30,000

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 108.98 Sq. Mtr.
  • Locality: Santacruz
  • Reserve: ₹4,23,00,000
  • EMD: ₹42,30,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalitySantacruz
Built-up / plot area108.98 Sq. Mtr.
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.Office No. 1
Building / societyManthan Plaza
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Commercial Office bank auction in Santacruz, Mumbai by Punjab National Bank — reserve price ₹4,23,00,000, 108.98 Sq. Mtr., Symbolic possession.

Bank auction property! Seize the opportunity to acquire a commercial office in the prime location of Santacruz, Mumbai. This office space, located at Manthan Plaza, offers a carpet area of 108.98 Sq. Mtr. The e-auction is scheduled for 2026-08-06, with a reserve price of ₹42300000. Don't miss out on this valuable commercial shop for sale. Contact the authorized officer for inspection and bidding details.

GeoSquare note: This commercial office in Santacruz, Mumbai, presents a strong investment opportunity due to its prime location and manageable size. The reserve price is competitive for the area, and the symbolic possession status is standard for bank auctions. With a recommendation tier of 'Strong Buy', this property offers a good balance of potential return and manageable risk.

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