Flat for Auction Vasai East Palghar 23.6 Lakh by Punjab National Bank
Vasai (East), Palghar
Area: 1092 sq. ft.
Unit No. 123, 2nd 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
₹23,58,700
EMD ₹2,35,870
Auction date
02 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1092 sq. ft.
- ▸Locality: Vasai (East)
- ▸Reserve: ₹23,58,700
- ▸EMD: ₹2,35,870
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Vasai (East) |
| Built-up / plot area | 1092 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Unit No. 123 |
| Building / society | City Business Point, City Industrial Estate |
| Floor | 2nd 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 ₹23,58,700, 1092 sq. ft., Symbolic possession.
Participate in the bank auction property sale for a prime commercial space in Palghar. This 1092 sq. ft. commercial unit is located at City Business Point, City Industrial Estate, Western Express Highway, Vasai (East). Ideally suited for business operations, this property is being auctioned by Punjab National Bank (ARMB Mumbai Western branch). With a reserve price of ₹23,58,700, this commercial shop/office space offers a significant investment opportunity in a well-connected industrial area. Interested bidders must complete the EMD submission prior to the auction date of 2026-09-02. Don't miss this opportunity to acquire a commercial asset in the rapidly developing Palghar district through a transparent bank auction process.
GeoSquare note: The property is located in a functional industrial estate with good highway connectivity, making it a viable commercial asset. While the possession is symbolic, the reserve price is competitive for an area of 1092 sq. ft. in Vasai. It represents a solid investment for businesses looking for expansion in the Palghar region.
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