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

Shop for Auction Vile Parle West Mumbai 88.7 Lakh by Punjab National Bank 08 Jun 2026

Vile Parle West, Mumbai

Area: 172.95 sq. ft

Lower Ground Floor, "Prime Mall", in Irla CHSL, Vile Parle West, Mumbai - 400056

Punjab National Bank · ARMB Mumbai Western

Reserve price

₹88,65,000

EMD ₹8,86,500

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 172.95 sq. ft
  • Locality: Vile Parle West
  • Reserve: ₹88,65,000
  • EMD: ₹8,86,500

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityVile Parle West
Built-up / plot area172.95 sq. ft
LenderPunjab National Bank
BranchARMB Mumbai Western
Unit / flat no.L-12,L-15,L-17
Building / societyPrime Mall, in Irla CHSL
FloorLower Ground Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Vile Parle West, Mumbai by Punjab National Bank — reserve price ₹88,65,000, 172.95 sq. ft, Physical possession.

Bank auction property in Mumbai! A prime commercial shop for sale in Vile Parle West, located in 'Prime Mall', Irla CHSL. This merged shop unit (L-12, L-15, L-17) on the lower ground floor offers 172.95 sq. ft. of space. The reserve price is ₹8865000, with an EMD of ₹886500. Don't miss this excellent investment opportunity in a sought-after location. Auction date: June 8, 2026. Contact Punjab National Bank for details.

GeoSquare note: This commercial shop in Vile Parle, Mumbai, offers a solid investment opportunity given its prime location. The physical possession adds to its appeal, and the reserve price is reasonable for the area. With a strong commercial presence, this property is recommended for investors seeking stable returns.

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