Representative illustration — Commercial Office bank auction in Vakola, Santacruz (East)
Representative illustration — not the actual property photograph.
Commercial Office Commercial Symbolic possession Strong Buy

Commercial Office for Auction Vakola Santacruz East Mumbai 3.9 Crore by Punjab National Bank 30 Jun 2026

Vakola, Santacruz (East), Mumbai

Area: 1173.00 Sq. Ft.

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

30 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1173.00 Sq. Ft.
  • Locality: Vakola, Santacruz (East)
  • Reserve: ₹3,85,00,000
  • EMD: ₹38,50,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityVakola, Santacruz (East)
Built-up / plot area1173.00 Sq. Ft.
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 Vakola, Santacruz (East), Mumbai by Punjab National Bank — reserve price ₹3,85,00,000, 1173.00 Sq. Ft., Symbolic possession.

Discover a prime commercial office for sale through a bank auction by Punjab National Bank. This spacious Office No. 1, located on the 2nd Floor of Manthan Plaza on Nehru Road, Vakola, Santacruz (East), Mumbai, offers a carpet area of 1173.00 Sq. Ft. Perfect for businesses looking for a strategic location in Mumbai, this property is available at a reserve price of ₹3,85,00,000.0 with an EMD of ₹38,50,000.0. The e-auction is scheduled for June 30, 2026, from 11:00 AM to 04:00 PM. This bank auction property in Santacruz presents an excellent investment opportunity, though possession is symbolic. Contact Punjab National Bank for more details on this valuable commercial shop for sale.

GeoSquare note: This commercial office in Santacruz, Mumbai, offers a strong investment opportunity due to its prime location and suitable size. While the possession status is symbolic, the attractive reserve price for a commercial property in Mumbai makes it a compelling option. The transparent bank auction process further enhances its appeal for serious investors.

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