Representative illustration — Commercial Shop bank auction in Vile Parle (W)
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Prime Investment

Shop for Auction Vile Parle W Mumbai 23.9 Lakh by Punjab National Bank

Vile Parle (W), Mumbai

Area: 107 sq. ft.

SHOP NO. T-001, Prime Mall, IRLA CHSL, Vile Parle (W), Mumbai-400 056

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹23,87,000

EMD ₹2,38,700

Auction date

24 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 107 sq. ft.
  • Locality: Vile Parle (W)
  • Reserve: ₹23,87,000
  • EMD: ₹2,38,700

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityVile Parle (W)
Built-up / plot area107 sq. ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.SHOP NO. T-001
Building / societyPrime Mall, IRLA CHSL
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Vile Parle (W), Mumbai by Punjab National Bank — reserve price ₹23,87,000, 107 sq. ft., Physical possession.

Explore this prime bank auction property featuring a commercial shop located in the bustling Prime Mall, Vile Parle (West), Mumbai. This unit, identified as Shop No. T-001, offers a carpet area of 107 sq. ft. in a highly accessible and commercially active locality. Perfect for business owners or investors looking for commercial shops for sale in Mumbai, this property is being auctioned by Punjab National Bank on an 'As is where is' basis. With a reserve price of ₹23,87,000, this auction represents a strategic opportunity to acquire commercial real estate in a sought-after area. Don't miss out on this bank auction property; secure your bid by the scheduled e-auction date on 24.09.2026. For more details regarding this commercial investment, contact the bank branch today.

GeoSquare note: The property is located in a high-demand commercial hub in Vile Parle, making it an excellent investment choice. With physical possession already held by the bank and a competitive reserve price, this shop offers significant value for commercial business expansion.

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