Shop for Auction Vile Parle W Mumbai 31.3 Lakh by Punjab National Bank
Vile Parle (W), Mumbai
Area: 132 sq. ft.
SHOP NO. L-031, Prime Mall, IRLA CHSL, Vile Parle (W), Mumbai-400 056
Punjab National Bank · Stressed Asset Management Branch : Mumbai
Reserve price
₹31,29,000
EMD ₹3,12,900
Auction date
24 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 132 sq. ft.
- ▸Locality: Vile Parle (W)
- ▸Reserve: ₹31,29,000
- ▸EMD: ₹3,12,900
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Vile Parle (W) |
| Built-up / plot area | 132 sq. ft. |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Branch : Mumbai |
| Unit / flat no. | Shop No. L-031 |
| 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 ₹31,29,000, 132 sq. ft., Symbolic possession.
Explore this prime commercial shop for sale via a Punjab National Bank auction located in the high-footfall Prime Mall, Vile Parle West, Mumbai. This 132 sq. ft. commercial property is an excellent opportunity for investors and business owners looking for a strategic location in a bustling suburban hub. The property is being auctioned under SARFAESI Act norms. Key details include a reserve price of ₹31,29,000. With its established location in IRLA CHSL, this bank auction property offers great potential for retail ventures or business office setups. Prospective bidders must note the symbolic possession status and outstanding society dues. Ensure you participate in the e-auction scheduled for 24-09-2026 to secure this commercial asset in Mumbai.
GeoSquare note: This property is located in a high-demand commercial mall in Vile Parle, offering excellent investment potential. While it is currently under symbolic possession and has significant outstanding society dues that must be factored into the total cost, the prime location and competitive reserve price make it a strong buy for serious investors.
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