Commercial Property for Auction Village Bhapane Palghar 1.5 Crore by Union Bank of India
Village Bhapane, Palghar
Area: 3600 sq. ft.
Gala (shed) no 3A/B Ground floor Shree Shyam Estate Plot no 388, Near National Highway no 8, Village Bhapane, Taluka Vasai, Distt Palghar
Union Bank of India · Asset Recovery Branch
Reserve price
₹1,45,35,000
EMD ₹14,53,500
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 3600 sq. ft.
- ▸Locality: Village Bhapane
- ▸Reserve: ₹1,45,35,000
- ▸EMD: ₹14,53,500
Auction snapshot
| Possession | Physical |
| Property type | Commercial Property · Commercial |
| Locality | Village Bhapane |
| Built-up / plot area | 3600 sq. ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Gala (shed) no 3A/B |
| Building / society | Shree Shyam Estate |
| Floor | Ground floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Village Bhapane, Palghar by Union Bank of India — reserve price ₹1,45,35,000, 3600 sq. ft., Physical possession.
Participate in the bank auction property sale of a spacious commercial gala/shed situated in Shree Shyam Estate, Village Bhapane, Vasai, Palghar. This commercial shop for sale features a built-up area of 3600 sq. ft. located near National Highway no 8, providing excellent connectivity and business potential. The property is currently under the physical possession of the Union Bank of India and is being sold via e-auction. Ideal for investors and business owners looking for prime commercial space in the Palghar district, this auction offers a transparent way to acquire a high-utility industrial/commercial unit. Don't miss this opportunity to bid for a strategically located commercial premises in a developing industrial hub near Mumbai.
GeoSquare note: The property is a prime commercial shed located near the National Highway, which significantly enhances its logistical value and business utility. With physical possession already held by the bank, the legal risk is reduced, making it an attractive option for investors looking for an immediate industrial/commercial asset in the Vasai region.
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