Representative illustration — Commercial Shop bank auction in Vasai
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Symbolic possession Strong Buy

Shop for Auction Vasai Thane 58.5 Lakh by Canara Bank

Vasai, Thane

Area: 650 sq. ft.

Shop No. A-3 & A-4, Ground Floor, Wing 'L', Rushabh Heights, Sector-II, Village Dongare, Vasai, Palghar, Maharashtra

Canara Bank · ARM BRANCH MUMBAI

Reserve price

₹58,47,000

EMD ₹5,84,700

Auction date

19 Sep 2026, 11:00 AM

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Quick read

  • ▸Possession: Symbolic
  • ▸Area: 650 sq. ft.
  • ▸Locality: Vasai
  • ▸Reserve: ₹58,47,000
  • ▸EMD: ₹5,84,700

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityVasai
Built-up / plot area650 sq. ft.
LenderCanara Bank
BranchARM BRANCH MUMBAI
Unit / flat no.Shop No. A-3 & A-4
Building / societyRushabh Heights
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Commercial Shop bank auction in Vasai, Thane by Canara Bank — reserve price ₹58,47,000, 650 sq. ft., Symbolic possession.

Explore this prime bank auction property featuring a commercial shop available for sale in Rushabh Heights, Vasai, Thane. This commercial shop spans a total built-up area of 650 sq. ft. situated on the ground floor. Ideal for business ventures, the property is located within the Vasai-Virar City Municipal Corporation area. This bank auction opportunity offers a strategic investment in a developed commercial locality. The property is currently under symbolic possession. Interested bidders should review the auction details and contact the authorized officer at Canara Bank, ARM Branch Mumbai, for further proceedings regarding this high-potential commercial space.

GeoSquare note: The property is a well-sized commercial shop located in a prominent building in Vasai, offering good business potential. While the current possession status is symbolic, the reserve price is attractive for a 650 sq. ft. commercial space in this region. It is a solid investment opportunity for those looking to establish a retail or office presence.

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