Shop for Auction Nalasopara East Palghar 18.1 Lakh by Bank of Maharashtra
Nalasopara East, Palghar
Area: 161.0 sq. ft. carpet
Land Bearing Survey No 362 (old), 140 (new) Hissa No 2, Village Achole Nalasopara East
Bank of Maharashtra · Mumbai South Zonal Office,
Reserve price
₹18,10,000
EMD ₹1,81,000
Auction date
05 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 161.0 sq. ft. carpet
- ▸Locality: Nalasopara East
- ▸Reserve: ₹18,10,000
- ▸EMD: ₹1,81,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Nalasopara East |
| Built-up / plot area | 161.0 sq. ft. carpet |
| Lender | Bank of Maharashtra |
| Branch | Mumbai South Zonal Office, |
| Unit / flat no. | Shop No 38 |
| Building / society | Sunshine Commercial Complex Coop Hsg Soc Ltd |
| Floor | Basement Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Nalasopara East, Palghar by Bank of Maharashtra — reserve price ₹18,10,000, 161.0 sq. ft. carpet, Physical possession.
An excellent opportunity to acquire a commercial shop through bank auction in the developing area of Achole Nalasopara East, Vasai, Palghar, Maharashtra. This commercial shop, identified as Shop No 38, is situated on the Basement Floor of the Sunshine Commercial Complex Coop Hsg Soc Ltd. It offers a comfortable carpet area of 161 sq. ft., making it versatile for various business ventures or office use. The property comes with physical possession, which is a significant advantage for immediate occupancy. The auction is set with a reserve price of ₹1,810,000.0 and requires an Earnest Money Deposit (EMD) of ₹181,000.0. Interested bidders should note the auction date on 2026-08-05 and can inspect the property on 2026-07-14. This bank auction property is an attractive prospect for investors and business owners seeking commercial space in a promising location.
GeoSquare note: This commercial shop presents a strong investment opportunity primarily due to its physical possession status, allowing immediate occupancy or rental. Located in Achole Nalasopara East, Vasai, Palghar, it's situated in a developing region with potential for commercial growth. The reserve price of ₹1,810,000.0 for a 161 sq. ft. carpet area is competitive, making it an accessible entry point into the commercial real estate market. Although a basement unit, its location within a 'Sunshine Commercial Complex' suggests a vibrant business environment.
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