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

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

Vile Parle WEST, Mumbai

Area: 107 Sq. Ft

SHOP NOT-001 Prime Mall, IRLA CHSL, Vile Parle WEST, MUMBAI-400056.

Punjab National Bank · Stressed Asset Management Branch : Mumbai

Reserve price

₹23,87,000

EMD ₹2,38,700

Auction date

17 Jul 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 107 Sq. Ft
  • Locality: Vile Parle WEST
  • Reserve: ₹23,87,000
  • EMD: ₹2,38,700

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityVile Parle WEST
Built-up / plot area107 Sq. Ft
LenderPunjab National Bank
BranchStressed Asset Management Branch : Mumbai
Unit / flat no.SHOP NOT-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 WEST, Mumbai by Punjab National Bank — reserve price ₹23,87,000, 107 Sq. Ft, Physical possession.

Discover a prime commercial shop for sale in Vile Parle West, Mumbai, through a Punjab National Bank e-auction. Located at SHOP NOT-001 in Prime Mall, IRLA CHSL, this property offers a carpet area of 107 Sq. Ft, making it an excellent investment opportunity. The auction, scheduled for 17-07-2026 from 11 AM to 04 PM, has a reserve price of ₹2,387,000 and an EMD of ₹238,700. Bidding increments are ₹25,000. The property is available with physical possession and has no known encumbrances. This bank auction property is ideal for businesses looking for a strategic location in Mumbai.

GeoSquare note: This commercial shop in Prime Mall, Vile Parle West, Mumbai, represents a prime investment due to its excellent location and clear physical possession status. The property's size (107 Sq. Ft) and a competitive reserve price of ₹2,387,000 make it highly attractive for investors or small businesses. The auction, conducted by Punjab National Bank, offers a transparent opportunity with no known encumbrances, enhancing its appeal.

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