Shop for Auction Siddhi Vinayak Nagar Thane 13.3 Lakh by Punjab National Bank
Siddhi Vinayak Nagar, Thane
Area: 435 sq. ft.
Shanti Market, Siddhi Vinayak Nagar, Ulhasnagar, District Thane-421001
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹13,31,000
EMD ₹6,50,268
Auction date
24 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 435 sq. ft.
- ▸Locality: Siddhi Vinayak Nagar
- ▸Reserve: ₹13,31,000
- ▸EMD: ₹6,50,268
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Siddhi Vinayak Nagar |
| Built-up / plot area | 435 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Shop No. 204, 205, 207 |
| Building / society | Shanti Market |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Siddhi Vinayak Nagar, Thane by Punjab National Bank — reserve price ₹13,31,000, 435 sq. ft., Physical possession.
Participate in this bank auction property event featuring a commercial shop for sale in Shanti Market, Ulhasnagar, Thane. The property consists of merged units (Shop No. 204, 205) and Shop No. 207, totaling 435 sq. ft. BUA on the 2nd floor. Managed by Punjab National Bank, this commercial asset is located in the prime locality of Siddhi Vinayak Nagar, Thane. The auction is scheduled for 2024-08-24 with a reserve price of ₹13,31,000. This is an excellent opportunity for investors looking to acquire a commercial space in a well-established market. Interested bidders must submit their EMD by 2024-08-23. The property is under the physical possession of the bank, ensuring a transparent acquisition process.
GeoSquare note: The property is a prime commercial investment located in a functional market complex in Ulhasnagar. With physical possession already held by the bank, the legal risk is significantly mitigated. The reserve price is competitive for the total area offered, making it a strong choice for business owners or investors.
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