Shop for Auction Panchpakhadi Thane 53.4 Lakh by Punjab National Bank
Panchpakhadi, Thane
Area: 510 sq. ft.
Shop premises No.7, Ground Floor, Shree Sai Park, Azad Nagar, Village Panchpakhadi, Thane west
Punjab National Bank · Stressed Asset Management Branch
Reserve price
₹53,37,000
EMD ₹5,33,700
Auction date
24 Aug 2026, 11:00 AM
Auction notice
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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 |
| Unit / flat no. | Shop premises 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.
Participate in the upcoming bank auction for a prime commercial shop located in the bustling area of Panchpakhadi, Thane. This commercial shop, situated on the Ground Floor of Shree Sai Park, Azad Nagar, offers a spacious built-up area of 510 sq. ft., making it an excellent opportunity for business investment. Being managed by Punjab National Bank, this bank auction property provides a secure way to acquire commercial real estate at a competitive reserve price of ₹53,37,000. Located in the heart of Thane West, the property enjoys good connectivity and accessibility. Interested bidders can participate in the e-auction on 24th August 2026. Don't miss this chance to invest in a valuable commercial asset in a rapidly growing locality.
GeoSquare note: This property is a strong investment option due to its prime ground-floor commercial location in the well-established area of Panchpakhadi, Thane. While the possession status is symbolic, the clear title and competitive reserve price make it an attractive prospect for commercial end-users or investors looking for steady rental yields.
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