Commercial Office for Auction Ulhasnagar 3 Thane 2.3 Crore by Punjab National Bank
Ulhasnagar 3, Thane
Office (hotel) No. 1,2,3 Ground Floor, Named Ansh Palace Resto Bar, Nenumal Shopping Center, U No. 199, Sheet No. 26, Section 5&6, Ulhasnagar 3, Thane 421003 Maharashtra.
Punjab National Bank · ARMB Thane
Reserve price
₹2,31,30,000
EMD ₹23,13,000
Auction date
17 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Ulhasnagar 3
- ▸Reserve: ₹2,31,30,000
- ▸EMD: ₹23,13,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Office · Commercial |
| Locality | Ulhasnagar 3 |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Office (hotel) No. 1,2,3 |
| Building / society | Nenumal Shopping Center |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹24,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Ulhasnagar 3, Thane by Punjab National Bank — reserve price ₹2,31,30,000, Symbolic possession.
Discover a prime bank auction property in Ulhasnagar, Thane! This commercial office (Lot No. 3) includes units 1, 2, and 3 on the ground floor, currently operating as 'Ansh Palace Resto Bar' within the bustling Nenumal Shopping Center. Located in Ulhasnagar 3, Thane 421003, Maharashtra, this property offers significant investment potential. With a reserve price of ₹2,31,30,000 and an EMD of ₹23,13,000, this commercial shop for sale presents a unique opportunity for entrepreneurs and investors. The e-auction is scheduled for 2026-07-17 from 11:00 AM to 04:00 PM. Possession is symbolic, and encumbrances are unknown to the bank. Don't miss this bank auction property in a key commercial locality!
GeoSquare note: This commercial office/resto bar in Ulhasnagar, Thane, presents a strong investment opportunity due to its commercial nature and established use as a 'Resto Bar' in a 'Shopping Center'. The location in Thane suggests decent market appeal. While the possession status is symbolic, which carries some risk, the detailed address and clear description add to its value. The reserve price is substantial, indicating a significant asset, and the bid increment is reasonable.
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