Flat for Auction Vasai East Palghar 28.3 Lakh by Punjab National Bank
Vasai (East), Palghar
Area: 1310 sq. ft.
Unit No. 122, 2nd Floor, City Business Point, City Industrial Estate, Western Express Highway, S. No. 38(PT), 147(PT), Village Palghar, Vasai (East), Palghar 401210
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹28,29,600
EMD ₹2,82,960
Auction date
02 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1310 sq. ft.
- ▸Locality: Vasai (East)
- ▸Reserve: ₹28,29,600
- ▸EMD: ₹2,82,960
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Vasai (East) |
| Built-up / plot area | 1310 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Unit No. 122 |
| Building / society | City Business Point |
| 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 ₹28,29,600, 1310 sq. ft., Symbolic possession.
Explore this prime bank auction property located in the bustling City Business Point, Vasai (East). This commercial office space offers 1310 sq. ft. of built-up area, strategically situated on the Western Express Highway, making it an excellent opportunity for business investment. This commercial shop for sale via bank auction provides a competitive reserve price of ₹28,29,600. Located in the industrial hub of Palghar, this property is ideal for companies looking to establish or expand their presence in a high-connectivity zone. Interested bidders must complete the EMD submission before the specified auction date on 2026-09-02. Don't miss this opportunity to acquire a commercial asset in a growing industrial estate through the Punjab National Bank e-auction process.
GeoSquare note: The property is located in an established industrial estate with good connectivity, making it a viable commercial investment. While the possession status is currently symbolic, the reserve price is attractive for a 1310 sq. ft. commercial unit in Vasai. It is recommended for investors seeking a value-based entry into the local commercial real estate market.
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