Shop for Auction Vile Parle W Mumbai 24 Lakh by Punjab National Bank
Vile Parle (W), Mumbai
Area: 91 sq. ft.
Shop No. F-90, Prime Mall, IRLA CHSL., Vile Parle (W), Mumbai-400 056
Punjab National Bank · Stressed Asset Management Branch : Mumbai
Reserve price
₹23,97,000
EMD ₹2,39,700
Auction date
24 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 91 sq. ft.
- ▸Locality: Vile Parle (W)
- ▸Reserve: ₹23,97,000
- ▸EMD: ₹2,39,700
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Vile Parle (W) |
| Built-up / plot area | 91 sq. ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch : Mumbai |
| Unit / flat no. | Shop No. F-90 |
| 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 (W), Mumbai by Punjab National Bank — reserve price ₹23,97,000, 91 sq. ft., Physical possession.
Explore this prime commercial shop for sale via bank auction in the heart of Vile Parle West, Mumbai. Located in the well-known Prime Mall, IRLA CHSL, this 91 sq. ft. commercial unit offers an excellent investment opportunity in a high-footfall area. Being auctioned by Punjab National Bank, this property is available with Physical Possession. The auction is scheduled for 24th September 2026, with a reserve price of ₹23,97,000. This bank auction property is ideal for business owners or investors looking for commercial space in a strategic Mumbai location. Ensure you review the pending society dues of ₹12.19 Lakh before bidding. Don't miss this chance to acquire a commercial asset in a prominent commercial complex.
GeoSquare note: The property is located in a high-demand commercial hub in Vile Parle, which significantly boosts its market appeal. With 'Physical Possession' by the bank, the legal risk is minimized; however, bidders must factor in the substantial outstanding society dues of 12.19 Lakhs, which adds to the effective acquisition cost.
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