Shop for Auction Bhandup West Mumbai 41.5 Lakh by Union Bank of India 24 Jun 2026
Bhandup West, Mumbai
Shop No B/S/2, B Wing, Ground Floor, New Usha Nagar CHS, Village Road, Bhandup West, Mumbai-400 078.
Union Bank of India · Asset Recovery Branch
Reserve price
₹41,50,000
EMD ₹4,15,000
Auction date
24 Jun 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Bhandup West
- ▸Reserve: ₹41,50,000
- ▸EMD: ₹4,15,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Bhandup West |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | B/S/2 |
| Building / society | New Usha Nagar CHS |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Bhandup West, Mumbai by Union Bank of India — reserve price ₹41,50,000, Symbolic possession.
Explore a lucrative bank auction opportunity for a commercial shop in Bhandup West, Mumbai. Union Bank of India presents Shop No B/S/2, located on the Ground Floor of New Usha Nagar CHS, Village Road. This commercial property offers an excellent investment in a well-established locality. With a reserve price of ₹41,50,000.0 and an EMD of ₹4,15,000.0, this bank auction property is an ideal choice for businesses or investors looking for commercial spaces for sale in Mumbai. The e-auction is scheduled for June 24, 2026, from 12:00 PM to 05:00 PM. Act fast to secure this commercial shop in Bhandup, a prime location in Mumbai.
GeoSquare note: This commercial shop in Bhandup West, Mumbai, presents a strong investment opportunity. Being a ground-floor unit in a residential society (CHS), it offers good visibility and accessibility. While the bank is not in physical possession, and society dues may exist, the prime location in Mumbai and its commercial nature make it highly appealing. The reserve price of ₹41,50,000.0 is competitive for a commercial shop in this urban area, making it a strong buy despite the possession status.
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