Shop for Auction Panchpakhadi Thane 53.4 Lakh by Punjab National Bank 05 May 2026
Panchpakhadi, Thane
Area: 510 Sq Ft
Shop premises No.7, Gound Floor, Shree Sai Park, Azad Nagar, Village Panchpakhadi, Thane west
Punjab National Bank · Stressed Asset Management Branch : Mumbai
Reserve price
₹53,37,000
EMD ₹5,33,700
Auction date
05 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 510 Sq Ft
- ▸Locality: Panchpakhadi
- ▸Reserve: ₹53,37,000
- ▸EMD: ₹5,33,700
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Panchpakhadi |
| Built-up / plot area | 510 Sq Ft |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch : Mumbai |
| Unit / flat no. | 7 |
| Building / society | Shree Sai Park |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Panchpakhadi, Thane by Punjab National Bank — reserve price ₹53,37,000, 510 Sq Ft, Symbolic possession.
Explore this bank auction property: a commercial shop for sale in the prime location of Panchpakhadi, Thane. This shop premises, located on the Ground Floor of Shree Sai Park, offers 510 sq ft of built-up area. Punjab National Bank presents this opportunity to acquire a valuable asset through e-auction. With a reserve price of ₹5337000 and an EMD of ₹533700, this auction on 2026-05-05 is a chance to invest in a commercial property in a bustling area. Don't miss out on this bank auction property in Thane!
GeoSquare note: The commercial shop in Panchpakhadi, Thane, offers a decent investment opportunity with a reserve price of ₹5337000. The location is promising, but the symbolic possession status impacts its immediate usability. While the price is reasonable, potential buyers should conduct thorough due diligence before participating in the auction.
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