Shop for Auction Siddhi Vinayak Nagar Thane 15.8 Lakh by Punjab National Bank 01 Jun 2026
Siddhi Vinayak Nagar, Thane
Area: 435 Sq. Ft.
Shop No. 204 & 205 (both merged units) and Shop No. 207 on 2nd Floor of "Shanti Market", situated and Constructed on Plot of Wing No. 1 to 14 of BRK No. 14, CTS No. 2614, Siddhi Vinayak Nagar
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹15,75,000
EMD ₹1,57,500
Auction date
01 Jun 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 435 Sq. Ft.
- ▸Locality: Siddhi Vinayak Nagar
- ▸Reserve: ₹15,75,000
- ▸EMD: ₹1,57,500
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. | 204 & 205 and 207 |
| Building / society | Shanti Market |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Siddhi Vinayak Nagar, Thane by Punjab National Bank — reserve price ₹15,75,000, 435 Sq. Ft., Physical possession.
Bank auction property! Commercial shop for sale in Ulhasnagar's Shanti Market. This prime commercial space includes Shop No. 204 & 205 (merged) and Shop No. 207, totaling 435 sq. ft. BUA on the 2nd floor. Located in Siddhi Vinayak Nagar, Ulhasnagar, this property is up for auction by Punjab National Bank with a reserve price of ₹1575000. EMD is ₹157500, and the auction is on 2026-06-01. A great opportunity for investment in a bustling commercial area.
GeoSquare note: The property is a commercial shop in Ulhasnagar. The reserve price is relatively moderate, and the physical possession is an advantage. However, potential buyers should conduct thorough due diligence on the property’s encumbrances and market value before bidding.
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