Representative illustration — Flat bank auction in Vile Parle West
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Prime Investment

Flat for Auction Vile Parle West Mumbai 28.5 Lakh by Punjab National Bank

Vile Parle West, Mumbai

Area: 172.95 sq. ft.

Shop No. L-17, Prime Mall, Irla CHSL, Vile Parle West, Mumbai-400056

Punjab National Bank · ARMB Mumbai Western

Reserve price

₹28,50,000

EMD ₹2,85,000

Auction date

24 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 172.95 sq. ft.
  • Locality: Vile Parle West
  • Reserve: ₹28,50,000
  • EMD: ₹2,85,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityVile Parle West
Built-up / plot area172.95 sq. ft.
LenderPunjab National Bank
BranchARMB Mumbai Western
Unit / flat no.Shop No. L-17
Building / societyPrime Mall, Irla CHSL
FloorLower Ground Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Flat bank auction in Vile Parle West, Mumbai by Punjab National Bank — reserve price ₹28,50,000, 172.95 sq. ft., Physical possession.

Explore this prime commercial bank auction property located in Prime Mall, Irla, Vile Parle West, Mumbai. This commercial shop, situated on the Lower Ground Floor, spans 172.95 sq. ft. and is an excellent opportunity for investors looking for retail space in a high-footfall area. The property is being auctioned by Punjab National Bank (ARMB Mumbai Western) with a reserve price of ₹28,50,000. With Physical possession already secured by the bank, this represents a secure investment choice. Don't miss out on this commercial shop for sale in one of Mumbai's most sought-after localities. Participate in the upcoming e-auction to acquire this valuable asset. For more details, contact the authorized officer at 9632786274.

GeoSquare note: This property is highly recommended due to its excellent location in the busy commercial hub of Vile Parle West and the fact that the bank holds physical possession, which simplifies the acquisition process. At a reserve price of ₹28.5 lakhs, it offers significant value for a commercial unit in a prime mall setting.

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