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

Shop for Auction Vile Parle Mumbai 31.3 Lakh by Punjab National Bank 30 May 2026

Vile Parle, Mumbai

Area: 132 Sq. Ft.

Shop No. L 031 Prime Mall, Irla CHSL, Vile Parle, West, Mumbai

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹31,29,000

EMD ₹3,12,900

Auction date

30 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 132 Sq. Ft.
  • Locality: Vile Parle
  • Reserve: ₹31,29,000
  • EMD: ₹3,12,900

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityVile Parle
Built-up / plot area132 Sq. Ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.L 031
Building / societyPrime Mall, Irla CHSL
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 ₹31,29,000, 132 Sq. Ft., Symbolic possession.

This bank auction presents a prime opportunity to acquire a commercial shop in the bustling Vile Parle West area of Mumbai. The property, located in Prime Mall, Irla CHSL, offers 132 sq. ft. of carpet area. Punjab National Bank is conducting the auction with a reserve price of ₹3129000. With its strategic location and promising potential, this commercial shop for sale is an ideal investment. Don't miss out on this bank auction property; seize the chance to own a valuable asset in Mumbai's thriving commercial landscape.

GeoSquare note: The property is a strategically located commercial shop in Vile Parle, a prime area in Mumbai, making it a potentially strong investment. The reserve price is moderate given the area. However, symbolic possession means that physical possession may be delayed, but the potential returns justify consideration.

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