Flat for Auction Vasai East Palghar 23.4 Lakh by Punjab National Bank
Vasai (East), Palghar
Area: 1126 sq. ft.
Unit No. 112, 1st Floor, City Business Point, City Industrial Estate, Western Express Highway, S. No. 38(PT), 147(PT), Village Pelghar, Vasai (East), Palghar 401210
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹23,40,000
EMD ₹2,34,000
Auction date
02 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1126 sq. ft.
- ▸Locality: Vasai (East)
- ▸Reserve: ₹23,40,000
- ▸EMD: ₹2,34,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Vasai (East) |
| Built-up / plot area | 1126 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Unit No. 112 |
| Building / society | City Business Point |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Vasai (East), Palghar by Punjab National Bank — reserve price ₹23,40,000, 1126 sq. ft., Symbolic possession.
Explore this prime bank auction property available for sale in Vasai (East), Palghar. This commercial unit, located in City Business Point, offers 1126 sq. ft. of space, ideal for business operations. Situated on the Western Express Highway, the property provides excellent connectivity and visibility. This commercial flat is being auctioned by Punjab National Bank (ARMB Mumbai Western). With a competitive reserve price of ₹23,40,000 and an EMD of ₹2,34,000, this is a lucrative opportunity for investors and business owners looking for commercial real estate in the Palghar region. Interested bidders should participate in the upcoming e-auction on 2026-09-02. Don't miss this chance to acquire a commercial asset in a strategic industrial location.
GeoSquare note: This property is a strong buy for commercial investors due to its strategic location on the Western Express Highway and reasonable reserve price per square foot. While the possession is currently symbolic, the established industrial/business address in Vasai adds significant long-term value to the asset.
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