Shop for Auction Navare Nagar Road Ambernath East Thane 23.8 Lakh by Punjab National Bank
Navare Nagar Road, Ambernath East, Thane
Area: 225 sq.ft.
Shop No.5, Ground Floor, Jay Bhavani Apartment, Navare Nagar Road, Ambernath East 421501
Punjab National Bank · ARMB Thane
Reserve price
₹23,75,000
EMD ₹2,37,500
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 225 sq.ft.
- ▸Locality: Navare Nagar Road, Ambernath East
- ▸Reserve: ₹23,75,000
- ▸EMD: ₹2,37,500
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Navare Nagar Road, Ambernath East |
| Built-up / plot area | 225 sq.ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Shop No.5 |
| Building / society | Jay Bhavani Apartment |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Navare Nagar Road, Ambernath East, Thane by Punjab National Bank — reserve price ₹23,75,000, 225 sq.ft., Physical possession.
Discover a prime commercial shop for sale through a Punjab National Bank auction. This ground floor unit, Shop No.5, is located in Jay Bhavani Apartment, Navare Nagar Road, Ambernath East 421501, Thane, Maharashtra. Boasting an approximate built-up area of 225 sq.ft., this bank auction property offers a strategic location for various businesses. The e-auction is scheduled for July 17, 2026, with a reserve price of ₹2,375,000 and an EMD of ₹237,500. This is an excellent opportunity to acquire a commercial property with physical possession. Don't miss this bank auction in Ambernath.
GeoSquare note: This commercial shop presents a strong investment opportunity, highlighted by its ground floor location and immediate physical possession. Situated in Ambernath East, a developing area in Thane, it offers significant market potential for various businesses. The compact 225 sq.ft. size is ideal for small to medium-sized enterprises, and the bank auction format allows for a potentially competitive acquisition price.
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