Flat for Auction Vile Parle West Mumbai 88.7 Lakh by Punjab National Bank
Vile Parle West, Mumbai
Area: 172.95 sq. ft.
Dine Mall, Iria CHSL, Vile Parle West, Mumbai-400056
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹88,65,000
EMD ₹8,86,500
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: ₹88,65,000
- ▸EMD: ₹8,86,500
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Vile Parle West |
| Built-up / plot area | 172.95 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | L-12, L-15, L-17 |
| Building / society | Dine Mall in Iria CHSL |
| Floor | Lower Ground Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Vile Parle West, Mumbai by Punjab National Bank — reserve price ₹88,65,000, 172.95 sq. ft., Physical possession.
Invest in a prime commercial opportunity with this bank auction property located in the heart of Vile Parle West, Mumbai. This property features merged commercial shops (L-12, L-15, L-17) situated on the Lower Ground Floor of Dine Mall in Iria CHSL. With a total area of 172.95 sq. ft., this space offers excellent visibility behind the HP Petrol Pump. The auction is being conducted by Punjab National Bank (ARMB Mumbai Western branch). This commercial shop for sale represents a significant investment potential in a high-traffic area of Mumbai. The property is currently under physical possession. Don't miss this chance to acquire a commercial asset at a competitive reserve price of ₹88,65,000.
GeoSquare note: The property is located in the highly sought-after Vile Parle West area, making it a lucrative commercial investment. Being sold with physical possession by the bank significantly reduces legal and acquisition risks. Given the competitive reserve price for this prime location, it is an excellent opportunity for investors or business owners.
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