Representative illustration — Commercial Shop bank auction in Ulhasnagar
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Fair Option

Shop for Auction Ulhasnagar Thane 39.5 Lakh by Punjab National Bank

Ulhasnagar, Thane

Shop No. 981, Ground Floor, Narain Wine Mart U, 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

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Quick read

  • Locality: Ulhasnagar
  • Reserve: ₹39,45,000
  • EMD: ₹3,94,500

Auction snapshot

Possession
Property typeCommercial Shop · Commercial
LocalityUlhasnagar
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.Shop No. 981
Building / societyNarain Wine Mart U
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Ulhasnagar, Thane by Punjab National Bank — reserve price ₹39,45,000.

An excellent opportunity to acquire a commercial shop through a bank auction. This ground floor commercial shop, bearing No. 981, is situated within Narain Wine Mart U, located in the prominent area of Ulhasnagar, Thane, Maharashtra (Pin Code 421002). Offered by Punjab National Bank, this property is ideal for retail or office use, boasting a strategic location. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 04:00 PM, with a reserve price of ₹3,945,000.0 and an Earnest Money Deposit (EMD) of ₹394,500.0. Bid increment is set at ₹5,000.0. Prospective buyers are encouraged to consider this prime commercial shop for sale.

GeoSquare note: This commercial shop in Ulhasnagar, Thane, presents a fair investment opportunity with a competitive reserve price and no known encumbrances. The location in Ulhasnagar, Thane, is suitable for commercial activity. However, the absence of explicit possession status in the auction notice introduces an element of uncertainty that potential buyers should factor into their due diligence.

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