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 61.4 Lakh by Canara Bank

Vasai, Thane

Area: 650 sq. ft.

Shop No. A-1 & A-2, Wing 'L', Building No. 4, Rushabh Heights, Sector-II, Village Dongare, Vasai, Palghar, Maharashtra

Canara Bank · ARM BRANCH MUMBAI

Reserve price

₹61,39,000

EMD ₹6,13,900

Auction date

19 Sep 2026, 11:00 AM

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Quick read

  • ▸Possession: Symbolic
  • ▸Area: 650 sq. ft.
  • ▸Locality: Vasai
  • ▸Reserve: ₹61,39,000
  • ▸EMD: ₹6,13,900

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-1 & A-2
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 ₹61,39,000, 650 sq. ft., Symbolic possession.

Explore this prime bank auction property featuring a commercial shop for sale located in the bustling area of Vasai, Maharashtra. Situated on the ground floor of Rushabh Heights, the property comprises Shop No. A-1 and A-2 with a total built-up area of 650 sq. ft. This commercial unit is strategically located within the Vasai-Virar City Municipal Corporation limits. The property is currently under symbolic possession by Canara Bank. Interested buyers can participate in the upcoming e-auction scheduled for August 29, 2026, with a reserve price of ₹61,39,000. This is an excellent opportunity for investors and business owners looking to acquire commercial space in a well-connected locality of Palghar district. Secure this valuable asset through a transparent bank-led auction process.

GeoSquare note: The property offers a good commercial footprint on the ground floor in a developed municipal corporation area, making it a viable investment. While the possession status is symbolic, the location in Vasai provides strong growth potential. The competitive reserve price relative to the area adds to the investment appeal.

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