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 349338

Vakola, Santacruz (East), Mumbai

Area: 1195.00 Sq. Ft.

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

Punjab National Bank · ARMB Thane

Reserve price

₹3,90,00,000

EMD ₹39,00,000

Auction date

30 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1195.00 Sq. Ft.
  • Locality: Vakola, Santacruz (East)
  • Reserve: ₹3,90,00,000
  • EMD: ₹39,00,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityVakola, Santacruz (East)
Built-up / plot area1195.00 Sq. Ft.
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.Office No. 12
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 ₹3,90,00,000, 1195.00 Sq. Ft., Symbolic possession.

Prime bank auction property: a spacious commercial office (Office No. 12) spanning 1195 sq. ft. (carpet area) on the 2nd Floor of Manthan Plaza. Located on Nehru Road, Vakola, Santacruz (East), Mumbai - 400055, this is a significant opportunity for investors. The reserve price is set at ₹3.9 Crores with an EMD of ₹39 Lakhs. The e-auction is scheduled for June 30, 2026, from 11:00 AM to 04:00 PM. While possession is symbolic, the excellent location in Santacruz, Mumbai, enhances its investment appeal. Don't miss this commercial office for sale through Punjab National Bank's auction.

GeoSquare note: This commercial office in Santacruz, Mumbai, presents a strong investment opportunity due to its prime location and substantial size (1195 sq. ft.). The reserve price of ₹3.9 crore is competitive for the area. While possession is symbolic, the property's potential for appreciation in a sought-after commercial hub makes it a valuable asset for potential buyers.

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