Shop for Auction Vile Parle Mumbai 28.5 Lakh by Punjab National Bank 08 Jun 2026
Vile Parle, Mumbai
Area: 172.95 sq. ft
Merged Commercial Shop Nos. L-95 situated at Lower Ground Floor, "Prime Mall", in Irla CHSL, Vile Parle West, Mumbai-400056, bearing Survey No. 191-A, Hissa No. 6/1, (Part) 9.11,12 and Part B, New CTS No. 433,433/1, to 57, Landmark behind HP Petro Pump
Punjab National Bank · ARMB Mumbai Western
Reserve price
₹28,50,000
EMD ₹2,85,000
Auction date
08 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 172.95 sq. ft
- ▸Locality: Vile Parle
- ▸Reserve: ₹28,50,000
- ▸EMD: ₹2,85,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Vile Parle |
| Built-up / plot area | 172.95 sq. ft |
| Lender | Punjab National Bank |
| Branch | ARMB Mumbai Western |
| Unit / flat no. | L-95 |
| Building / society | Prime Mall, in Irla CHSL |
| Floor | Lower Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Vile Parle, Mumbai by Punjab National Bank — reserve price ₹28,50,000, 172.95 sq. ft, Physical possession.
Explore this bank auction property: a commercial shop in the well-known Prime Mall, located in the prime area of Vile Parle, Mumbai. This commercial shop for sale offers 172.95 sq. ft. of space and is strategically situated on the Lower Ground Floor. The auction, conducted by Punjab National Bank, features a reserve price of ₹2,850,000 and an EMD of ₹285,000. Don't miss the opportunity to invest in this bank auction property in a sought-after Mumbai location. Perfect for entrepreneurs and investors looking for a commercial space with high footfall and great potential.
GeoSquare note: Located in a well-established mall in Vile Parle, Mumbai, this commercial shop presents a solid investment opportunity. The reserve price is reasonable for the location, and the physical possession status adds to its appeal. While the market conditions and mall's performance should be considered, the shop's placement within Prime Mall makes it a potentially lucrative acquisition.
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