Representative illustration — Commercial Shop bank auction in Vile Parle
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Fair Option

Shop for Auction Vile Parle Mumbai 24 Lakh by Punjab National Bank 30 May 2026

Vile Parle, Mumbai

Area: 91 Sq. Ft.

Shop No. F-90, Prime Mall, IRLA CHSL, Vile Parle West, Mumbai - 400056

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹23,97,000

EMD ₹2,39,700

Auction date

30 May 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 91 Sq. Ft.
  • Locality: Vile Parle
  • Reserve: ₹23,97,000
  • EMD: ₹2,39,700

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityVile Parle
Built-up / plot area91 Sq. Ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.F-90
Building / societyPrime Mall, IRLA CHSL
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Vile Parle, Mumbai by Punjab National Bank — reserve price ₹23,97,000, 91 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, located in Prime Mall, offers a compact yet valuable space of 91 sq. ft., ideal for various business ventures. The auction is conducted by Punjab National Bank, presenting a secure and transparent way to acquire property. With a reserve price of ₹2397000 and an EMD of ₹239700, this commercial shop for sale is an excellent investment. Don't miss out on this chance to expand your business portfolio in a prime location.

GeoSquare note: The property's location in Vile Parle, a prime area of Mumbai, contributes positively to its value. However, the small size of the commercial shop may limit its appeal to some investors. Physical possession is a definite advantage. It is a good option given the price range.

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