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Punjab National Bank Commercial Shop Auction in Ulhasnagar, Thane

Bank auction by Punjab National Bank in Thane, Maharashtra. Reserve price ₹3.21 L.

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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

Sale notice

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

From the published reserve and EMD on this notice.

Before you bid — checklist

Confirm every requirement on the current sale notice before you bid.

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.

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