Shop for Auction Near Vithalwadi Station Thane 1.8 Crore by Cholamandalam Investment and Finance Company Limited
Near Vithalwadi Station, Thane
Area: 1464 sq. ft.
Shop No. 4, Praveen International Hotel, Plot No. 168 (P), CTS No. 12717 (Pt.), Sheet No. 32 & 52, Near Vithalwadi Station, Opp. Sai Plaza Hotel, Ulhasnagar, Thane-421 003
Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai
Reserve price
₹1,81,00,000
EMD ₹18,10,000
Auction date
11 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1464 sq. ft.
- ▸Locality: Near Vithalwadi Station
- ▸Reserve: ₹1,81,00,000
- ▸EMD: ₹18,10,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Near Vithalwadi Station |
| Built-up / plot area | 1464 sq. ft. |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate Office : Chennai |
| Unit / flat no. | Shop No. 4 |
| Building / society | Praveen International Hotel |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankauctions.in |
About this property
Commercial Shop bank auction in Near Vithalwadi Station, Thane by Cholamandalam Investment And Finance Company Limited — reserve price ₹1,81,00,000, 1464 sq. ft., Physical possession.
Explore this prime bank auction property featuring a commercial shop located in the bustling area of Ulhasnagar, Thane. The property is situated on the ground floor of the Praveen International Hotel, near Vithalwadi Station, offering excellent visibility and accessibility. With a carpet area of 1464 sq. ft. plus an additional 315 sq. ft. loft area, this space is ideal for business ventures. This commercial shop for sale is being auctioned by Cholamandalam Investment and Finance Company Limited. Interested buyers can participate in the upcoming e-auction on September 11, 2026. This is a rare opportunity to invest in a well-located commercial asset in Thane at an attractive reserve price. Ensure all EMD submissions are completed by September 10, 2026. Don't miss this chance to acquire a high-potential commercial property through this transparent bank-led auction process.
GeoSquare note: The property holds a high investment appeal due to its strategic location near Vithalwadi Station and its substantial size in a recognized commercial building. With physical possession taken by the bank, the legal risk is minimized, making it a strong and secure opportunity for commercial investors in the Ulhasnagar market.
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