Shop for Auction Siddhi Vinayak Nagar Thane 20.5 Lakh by Punjab National Bank
Siddhi Vinayak Nagar, Thane
Area: 670 sq. ft.
Shop No. 310, 311, 312 & 313, 3rd Floor, Shanti Market, Siddhi Vinayak Nagar, Ulhasnagar, District Thane-421001
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹20,50,000
EMD ₹2,05,000
Auction date
24 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 670 sq. ft.
- ▸Locality: Siddhi Vinayak Nagar
- ▸Reserve: ₹20,50,000
- ▸EMD: ₹2,05,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Siddhi Vinayak Nagar |
| Built-up / plot area | 670 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | Shop No. 310, 311, 312 & 313 |
| Building / society | Shanti Market |
| Floor | 3rd 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 ₹20,50,000, 670 sq. ft., Physical possession.
Explore this prime commercial shop for sale in a bank auction located in the bustling Shanti Market, Ulhasnagar, Thane. The property comprises four merged and adjacent shop units on the 3rd floor, offering a total built-up area of 670 Sq. Ft. (Shop Nos. 310, 311, 312, and 313). Situated in the well-connected locality of Siddhi Vinayak Nagar, this commercial space is ideal for business investments or retail operations. This bank auction property is available with Physical possession, ensuring a transparent transaction process. Don't miss this opportunity to acquire high-potential commercial real estate in Thane district at an attractive reserve price of ₹20.50 Lakhs. The auction is scheduled for August 24, 2024. Reach out for further details and secure your investment today.
GeoSquare note: This property offers excellent commercial value due to its combined unit structure in a known market area in Ulhasnagar. With physical possession already held by the bank and a competitive reserve price for 670 sq. ft., it represents a low-risk, high-potential investment opportunity for retail or office usage.
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