Shop for Auction Siddhi Vinayak Nagar Thane 24.2 Lakh by Punjab National Bank 23 Jun 2026
Siddhi Vinayak Nagar, Thane
Area: 670 Sq. Ft.
Shop No. 310, 311 & 312 (all three merged units) admeasuring 470 Sq. Ft. BUA and Shop No. 313 admeasuring 200 Sq. Ft. BUA on 3rd 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, Ulhasnagar, District Thane-421001
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹24,20,000
EMD ₹2,42,000
Auction date
23 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 670 Sq. Ft.
- ▸Locality: Siddhi Vinayak Nagar
- ▸Reserve: ₹24,20,000
- ▸EMD: ₹2,42,000
Auction snapshot
| Possession | Symbolic |
| 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 | ₹25,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Siddhi Vinayak Nagar, Thane by Punjab National Bank — reserve price ₹24,20,000, 670 Sq. Ft., Symbolic possession.
Discover a prime investment opportunity with this bank auction property: a commercial shop for sale in Ulhasnagar, Thane. Punjab National Bank is auctioning merged Shop No. 310, 311, 312 & Shop No. 313 on the 3rd Floor of 'Shanti Market', offering a total built-up area of 670 sq. ft. With a reserve price of ₹24,20,000 and an EMD of ₹2,42,000, this commercial property in Siddhi Vinayak Nagar is ideal for businesses or investors. The e-auction is scheduled for June 23, 2026, from 11:00 AM to 04:00 PM. This is a symbolic possession property, sold on 'As Is Where Is' basis. Contact M. Sreenivasa Rao at 9632786274 for more details.
GeoSquare note: This commercial shop offers a good investment opportunity in Ulhasnagar, Thane, being part of "Shanti Market." The combined area of 670 sq. ft. is suitable for various business ventures. While the possession status is symbolic, the clear auction details and competitive reserve price make it a strong buy for interested investors or businesses looking to expand.
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