Representative illustration — Commercial Shop bank auction in Mahim
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Mahim Palghar 15.6 Lakh by Icici Bank

Mahim, Palghar

Area: 290.52 sq. ft.

Shop No. 01, Ground Floor, Building Type B-1, Ambrosia-7, Survey No. 403/1, 403/1/B, 403/1P, Village Mahim, Palghar-401404

ICICI Bank · Branch Office : Mumbai

Reserve price

₹15,60,000

EMD ₹1,56,000

Auction date

06 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 290.52 sq. ft.
  • Locality: Mahim
  • Reserve: ₹15,60,000
  • EMD: ₹1,56,000

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityMahim
Built-up / plot area290.52 sq. ft.
LenderICICI Bank
BranchBranch Office : Mumbai
Unit / flat no.Shop No. 01
Building / societyAmbrosia-7
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBidDeal.in

About this property

Commercial Shop bank auction in Mahim, Palghar by ICICI Bank — reserve price ₹15,60,000, 290.52 sq. ft., Physical possession.

Explore this prime bank auction property featuring a commercial shop located in Ambrosia-7, Mahim, Palghar. With a carpet area of 290.52 sq. ft. on the ground floor, this unit is perfectly situated for retail or business operations. This bank auction presents a lucrative opportunity for investors looking for a commercial shop for sale in the growing Palghar region. The property is being auctioned by ICICI Bank with a reserve price of ₹15,60,000. Interested buyers should note the auction date of October 06, 2026. Don't miss this chance to acquire a valuable commercial asset in a well-connected locality through this transparent e-auction process. Secure your investment today in the expanding Palghar real estate market.

GeoSquare note: This commercial shop is a strong investment option due to its ground-floor positioning in the established Ambrosia-7 complex and a competitive reserve price of ₹15.6 Lakhs. The property is available via physical possession, which simplifies the acquisition process for the bidder. Its location in the growing Palghar area offers significant potential for long-term capital appreciation and rental yield.

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