Shop for Auction Ulhasnagar Thane 39.5 Lakh by Punjab National Bank 360601
Ulhasnagar, Thane
Shop No. 981, Ground Floor, Narain Wine Mart, Ulhasnagar, Thane -421002, Maharashtra
Punjab National Bank · ARMB Thane
Reserve price
₹39,45,000
EMD ₹3,94,500
Auction date
17 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Ulhasnagar
- ▸Reserve: ₹39,45,000
- ▸EMD: ₹3,94,500
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Ulhasnagar |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Shop No. 981 |
| Building / society | Narain Wine Mart |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Ulhasnagar, Thane by Punjab National Bank — reserve price ₹39,45,000, Symbolic possession.
Discover a prime commercial shop available for e-auction by Punjab National Bank in the thriving Ulhasnagar area of Thane, Maharashtra. This strategically located ground floor Shop No. 981, situated within the prominent Narain Wine Mart, offers excellent visibility and accessibility for any business. With a competitive reserve price of ₹39,45,000 and an Earnest Money Deposit (EMD) of ₹3,94,500, this bank auction property presents a significant investment opportunity. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 04:00 PM, with the last date for EMD submission being July 16, 2026. Possession is symbolic, and no encumbrances are known to the bank. Ideal for investors or entrepreneurs seeking a strategic commercial presence in the bustling city of Thane.
GeoSquare note: This ground floor commercial shop in Ulhasnagar, Thane, offers a strong investment opportunity due to its prime location within Narain Wine Mart and good accessibility. The reserve price of ₹39,45,000 is competitive for a commercial property in this bustling area. While possession is symbolic, the absence of known encumbrances is a positive factor. This property is well-suited for businesses or investors looking for a strategic commercial asset.
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