Flat for Auction Jvpd Scheme Vile Parle West Mumbai 1.1 Crore by Punjab National Bank
JVPD Scheme, Vile Parle West, Mumbai
Unit 2 & 3, Ground Floor, Nalanda Shopping Center, Near Amrapali Shopping Center, Juhu Vile Parle, Vaikunthalal Mehta Road, JVPD Scheme, Vile Parle West
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹1,12,29,750
EMD ₹11,22,975
Auction date
06 Oct 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: JVPD Scheme, Vile Parle West
- ▸Reserve: ₹1,12,29,750
- ▸EMD: ₹11,22,975
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | JVPD Scheme, Vile Parle West |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Unit 2 & 3 |
| Building / society | Nalanda Shopping Center |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in JVPD Scheme, Vile Parle West, Mumbai by Punjab National Bank — reserve price ₹1,12,29,750, Symbolic possession.
Explore this prime commercial bank auction property located in the high-footfall JVPD Scheme, Vile Parle West, Mumbai. The property consists of Unit 2 & 3 on the ground floor of Nalanda Shopping Center, near Amrapali Shopping Center. This commercial shop for sale via PNB e-auction offers a strategic location for business ventures. The reserve price is set at ₹1,12,97,500 with an EMD of ₹11,29,750. The auction is scheduled for 2026-10-06. With symbolic possession status, this is an excellent opportunity for investors looking for commercial real estate in the Mumbai Suburban district. Participate in this PNB bank auction to secure a valuable asset in a prime commercial hub.
GeoSquare note: The property is located in a highly desirable commercial hub in Vile Parle, making it an excellent investment for retail or office use. While the possession status is currently symbolic, the prime location and competitive reserve price offer significant upside potential. It is a strong buy for investors looking for long-term value in the Mumbai suburban market.
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