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

Commercial Office for Auction Santacruz Mumbai 4.3 Crore by Punjab National Bank 28 Apr 2026

Santacruz, Mumbai

Area: 110.99 Sq Mtr

Office No. 12 2nd Floor, Manthan Plaza, Nehru Road, Vakola, Santacruz(East), Mumbai-400055

Punjab National Bank · ARMB Thane

Reserve price

₹4,31,00,000

EMD ₹43,10,000

Auction date

28 Apr 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 110.99 Sq Mtr
  • Locality: Santacruz
  • Reserve: ₹4,31,00,000
  • EMD: ₹43,10,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalitySantacruz
Built-up / plot area110.99 Sq Mtr
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.12
Building / societyManthan Plaza
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹30,000
Service providerBAANKNET

About this property

Commercial Office bank auction in Santacruz, Mumbai by Punjab National Bank — reserve price ₹4,31,00,000, 110.99 Sq Mtr, Symbolic possession.

Bank auction property! Seize this opportunity to acquire a commercial office in the prime location of Santacruz, Mumbai. Punjab National Bank presents Office No. 12, situated on the 2nd floor of Manthan Plaza, Nehru Road, Vakola, Santacruz (East). This office space, owned by M/s Yug Oil Trading Pvt Ltd, offers a carpet area of 110.99 Sq Mtr. The e-auction is scheduled for April 28, 2026, with a reserve price of ₹43,100,000 and an EMD of ₹4,310,000. Don't miss out on this commercial shop for sale in a bustling Mumbai locality.

GeoSquare note: Located in Santacruz, Mumbai, this commercial office offers a reasonable investment opportunity given its prime location and the ongoing bank auction. The reserve price of ₹43.1 million could be attractive. However, the symbolic possession status and potential encumbrances warrant careful due diligence before bidding.

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