Representative illustration — Commercial Shop bank auction in Panchpakhadi
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Symbolic possession Fair Option

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

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityPanchpakhadi
Built-up / plot area510 Sq Ft
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.7
Building / societyShree Sai Park
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

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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