Commercial Property for Auction Opp To Chm College Near Ulhasnagar Station Thane 2.3 Crore by Punjab National Bank
Opp To Chm College, Near Ulhasnagar Station, Thane
Plot No. 445, Chalta No. 1f And 1g, Sheet No. 485, 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
- ▸Possession: Symbolic
- ▸Locality: Opp To Chm College, Near Ulhasnagar Station
- ▸Reserve: ₹2,34,22,000
- ▸EMD: ₹23,42,200
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Opp To Chm College, Near Ulhasnagar Station |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Plot No. 445, Chalta No. 1f And 1g, Sheet No. 485, Cts No. 16627, Assessed Ward No. 35, Sr No. 35/1907 |
| Building / society | Hotel Hiren Point Rest Bar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹24,000 |
| 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, Symbolic possession.
Seize a prime investment opportunity with this bank auction property from Punjab National Bank. This commercial hotel property, known as 'Hotel Hiren Point Rest Bar,' comes with a godown, ideally located on Plot No. 445 in Ulhasnagar, Thane, Maharashtra. Situated opposite CHM College and near Ulhasnagar Station, the property boasts excellent connectivity and visibility. The e-auction for this valuable commercial asset is scheduled for July 17, 2026, with a reserve price of ₹23,422,000. An Earnest Money Deposit (EMD) of ₹2,342,200 is required, with a bid increment of ₹24,000. This is a symbolic possession property, and no known encumbrances have been reported. Don't miss this chance to acquire a well-positioned commercial property in Thane through a transparent bank auction.
GeoSquare note: This commercial hotel property in Ulhasnagar, Thane, presents a strong investment opportunity due to its strategic location near a college and railway station, ensuring high footfall and business potential. The property type (hotel with godown) offers versatile commercial use. The reserve price of ₹2.34 Crores is competitive for a property of this nature in a developing area. The symbolic possession and 'Not Known to Bank' encumbrance status add to its appeal, making it a viable option for serious investors.
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