Bank auction
Punjab National Bank Commercial Shop Auction in Ulhasnagar, Thane
Bank auction by Punjab National Bank in Thane, Maharashtra. Reserve price ₹3.21 L.

Auction facts
- Bank
- Punjab National Bank
- Branch
- ARMB Mumbai Western
- Reserve price
- ₹3.21 L
- EMD
- ₹32,100
- Auction date
- 24-09-2026 11:00 AM
- End time
- 24-09-2026 04:00 PM
- Submission date
- 23-09-2026 11:59 AM
- Auction type
- SARFAESI Auction
- Service provider
- BAANKNET
- Auction ID
- 865708
- Property type
- Commercial Shop
- Borrower
- M/s. Karan Textiles
Property
- Area
- Ulhasnagar
- City
- Thane
- State
- Maharashtra
Notice
- Contact
- Contact Sharad Kumar 7303850049 M. Sreenivasa Rao 9632786274
Bid timing & possession
Bid / application deadline: 23 Sep 2026 — Closed on 23 Sep 2026
Physical Physical possession: the lender's notice records that the bank has taken vacant possession of the asset.
Published reserve ₹3.21 L is 85% below the same locality median of ₹20.84 L (n=7 comparable live notices).
EMD calculator
- Reserve: ₹3.21 L
- EMD: ₹32,100 (10%)
- Remaining (reserve − EMD): ₹2.889 L
Before you bid — checklist
- Valid PAN card
- KYC documents as required by the lender
- EMD payment through the lender's authorised channel
- Registration on the bank's e-auction portal
Description
Shop No. 209 admeasuring 105 Sq. Ft. BUA 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, Ulhasnagar, District Thane-421001 in the name of Mr. Hasso Gurdasmal Kukreja
Bid questions, from this notice
How much EMD does this notice publish?
The published Earnest Money Deposit is ₹32,100. Deposit it only through the lender's authorised channel after confirming the current sale notice.
What reserve price will my bid be tested against?
The lender published a reserve price of ₹3.21 L for this asset. Bids below the published reserve are not accepted in e-auctions.
When is the bid / application deadline?
The published bid / application deadline was 23 Sep 2026 — that window has closed.
When is the auction scheduled?
The auction is dated 24 Sep 2026 on the published notice. Confirm the current schedule with the lender before bidding.
What does the possession status on this notice mean?
Physical possession: the lender's notice records that the bank has taken vacant possession of the asset.
Auction assistance
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