Flat for Auction Vashi Thane 1.7 Crore by Punjab National Bank
Vashi, Thane
Area: 926 sq. ft.
Office No. 13, Shanti Centre, Plot No. 8, Sector 17, Vashi, Navi Mumbai, Thane
Punjab National Bank · Stressed Asset Management Branch
Reserve price
₹1,70,00,000
EMD ₹17,00,000
Auction date
24 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 926 sq. ft.
- ▸Locality: Vashi
- ▸Reserve: ₹1,70,00,000
- ▸EMD: ₹17,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Vashi |
| Built-up / plot area | 926 sq. ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch |
| Unit / flat no. | Office No. 13 |
| Building / society | Shanti Centre Premises Co-Operative Society Ltd. |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Vashi, Thane by Punjab National Bank — reserve price ₹1,70,00,000, 926 sq. ft., Symbolic possession.
Explore this prime commercial office space available for sale through a bank auction in the heart of Vashi, Navi Mumbai. Located in the prestigious Shanti Centre, this property features an office area of 518 sq. ft. along with a 408 sq. ft. terrace, totaling 926 sq. ft. of versatile space. Situated in Sector 17, Vashi, this commercial unit offers excellent connectivity and visibility in a key business hub of the Thane district. This bank auction property presents a lucrative investment opportunity for businesses and investors alike. Interested parties can participate in the e-auction conducted by Punjab National Bank. With a reserve price of ₹1.7 Crore, this is a significant opportunity to acquire commercial real estate in a high-demand locality. Ensure timely participation in the auction process to secure this asset.
GeoSquare note: The property is located in a high-demand commercial hub in Vashi, providing strong business potential due to its layout and terrace space. However, the rating is tempered by the 'Symbolic' possession status, which implies the buyer may need to undertake legal processes for physical handover. It remains a fair investment option for those prepared for the procedural aspects of bank auction acquisitions.
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