Shop for Auction Siddhi Vinayak Nagar Thane 15.8 Lakh by Punjab National Bank 23 Jun 2026
Siddhi Vinayak Nagar, Thane
Area: 435.0 sq. ft.
Shop No. 204 & 205 (both merged units) and Shop No. 207, 2nd Floor, Shanti Market, Plot of Wing No. 1 to 14 of BRK No. 14, CTS No. 2614, Siddhi Vinayak Nagar, Ulhasnagar, District Thane-421001.
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹15,75,000
EMD ₹1,57,500
Auction date
23 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 435.0 sq. ft.
- ▸Locality: Siddhi Vinayak Nagar
- ▸Reserve: ₹15,75,000
- ▸EMD: ₹1,57,500
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Siddhi Vinayak Nagar |
| Built-up / plot area | 435.0 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Shop No. 204, 205 (merged) & 207 |
| Building / society | Shanti Market |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Siddhi Vinayak Nagar, Thane by Punjab National Bank — reserve price ₹15,75,000, 435.0 sq. ft., Symbolic possession.
Discover a prime investment opportunity with this bank auction property from Punjab National Bank. Located in the bustling Shanti Market, Siddhi Vinayak Nagar, Ulhasnagar, District Thane-421001, this commercial offering includes two merged shops (No. 204 & 205) and a separate shop (No. 207) on the 2nd Floor, totaling 435 sq. ft. BUA. This commercial shop for sale presents a compelling opportunity for entrepreneurs and investors alike. The auction for this property is scheduled for 2026-06-23, with a reserve price of ₹1,575,000.0 and an EMD of ₹157,500.0. While possession is symbolic, this bank auction property in Ulhasnagar is ideal for those looking to expand their business or secure a valuable asset in a well-connected area.
GeoSquare note: This commercial shop offers a good investment opportunity due to its strategic location in Ulhasnagar, Thane, a developing urban center. The combined area of 435 sq. ft. is suitable for various business ventures, and the reserve price appears competitive. Although the possession status is symbolic, which is common in bank auctions, the overall potential for rental income or business operations makes it a strong buy.
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