Commercial Property for Auction Opp To Chm College Near Ulhasnagar Station Thane 2.3 Crore by Punjab National Bank 360605
Opp To CHM College, Near Ulhasnagar Station, Thane
Lot No. 6, Plot No. 445, Chalta No. 1f And 1g, Sheet No. 4&5, Cts No. 16627, Assessed Ward No. 35, Sr No. 35/1907, Opp To Chm College, Near Ulhasnagar Station, Ulhasnagar 421003, Thane, Maharashtra
Punjab National Bank · ARMB Thane
Reserve price
₹2,34,22,000
EMD ₹23,42,200
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Locality: Opp To CHM College, Near Ulhasnagar Station
- ▸Reserve: ₹2,34,22,000
- ▸EMD: ₹23,42,200
Auction snapshot
| Possession | — |
| Property type | Commercial Property · Commercial |
| Locality | Opp To CHM College, Near Ulhasnagar Station |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Lot No. 6, Plot No. 445 |
| Building / society | Hotel Hiren Point Rest Bar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Opp To CHM College, Near Ulhasnagar Station, Thane by Punjab National Bank — reserve price ₹2,34,22,000.
Discover a prime commercial bank auction property in Ulhasnagar, Thane, Maharashtra. This unique offering, Lot No. 6, features a Hotel Property with an attached Godown, famously known as Hotel Hiren Point Rest Bar. Strategically located near Ulhasnagar Station and opposite CHM College, this property holds significant commercial potential. The auction is conducted by Punjab National Bank with a reserve price of ₹23,422,000.0 and an EMD of ₹2,342,200.0. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 04:00 PM. This commercial hotel for sale in Ulhasnagar presents an excellent investment opportunity for entrepreneurs looking to expand their hospitality business or for a strategic real estate acquisition. Interested bidders should note the bid increment of ₹5,000. Encumbrances are stated as 'Not Known to Bank'. For more details, contact the authorized officers. (Note: The property is listed in the name of Suresh Jhamulal Kishnani, while the borrower is M/s Pooja Trading Corporation.)
GeoSquare note: This commercial hotel property in Ulhasnagar offers strong investment potential due to its strategic location near Ulhasnagar Station and CHM College. The property type (hotel with godown) provides versatile business opportunities. The reserve price of ₹23,422,000.0, as provided in the record details, seems reasonable for a commercial asset in this area. While the possession status is not explicitly stated in the specific property entry, the 'Not Known to Bank' encumbrance is a positive. The location and commercial nature make it a strong buy.
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