Shop for Auction Vile Parle Mumbai 23.9 Lakh by Punjab National Bank 30 May 2026
Vile Parle, Mumbai
Area: 107 Sq. Ft.
Shop No T-001, Prime Mall, Irla Chsl, Vile Parle West, Mumbai-400056
Punjab National Bank · Stressed Asset Management Branch : Mumbai
Reserve price
₹23,87,000
EMD ₹2,38,700
Auction date
30 May 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 107 Sq. Ft.
- ▸Locality: Vile Parle
- ▸Reserve: ₹23,87,000
- ▸EMD: ₹2,38,700
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Vile Parle |
| Built-up / plot area | 107 Sq. Ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch : Mumbai |
| Unit / flat no. | T-001 |
| Building / society | Prime Mall, Irla Chsl |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Vile Parle, Mumbai by Punjab National Bank — reserve price ₹23,87,000, 107 Sq. Ft., Physical possession.
Seize the opportunity to own a commercial shop through a bank auction property in the sought-after location of Vile Parle, Mumbai. This shop, situated in Prime Mall, offers a carpet area of 107 Sq. Ft., making it ideal for various business ventures. Punjab National Bank presents this commercial shop for sale under the SARFAESI Act. The e-auction is scheduled for May 30, 2026, with a reserve price of ₹2387000.0 and an EMD of ₹238700.0. Don't miss out on this chance to acquire a prime commercial property in a bustling Mumbai location.
GeoSquare note: This commercial shop in Vile Parle offers a decent investment opportunity given its location and price range. The property's relatively small size and physical possession make it a viable option for certain businesses. However, potential buyers should carefully consider market conditions and due diligence, as the building also has pending society dues to be cleared.
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