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

Shop for Auction Vile Parle West Thane 28.5 Lakh by Punjab National Bank

Vile Parle West, Thane

Area: 172.95 sq. ft build up

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

Punjab National Bank · ARMB Mumbai Western

Reserve price

₹28,50,000

EMD ₹2,85,000

Auction date

17 Jul 2026, 11:00 AM

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Quick read

  • ▸Possession: Symbolic
  • ▸Area: 172.95 sq. ft build up
  • ▸Locality: Vile Parle West
  • ▸Reserve: ₹28,50,000
  • ▸EMD: ₹2,85,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityVile Parle West
Built-up / plot area172.95 sq. ft build up
LenderPunjab National Bank
BranchARMB Mumbai Western
Unit / flat no.L-95
Building / societyPrime Mall, Irla CHSL
FloorLower Ground Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Vile Parle West, Thane by Punjab National Bank — reserve price ₹28,50,000, 172.95 sq. ft build up, Symbolic possession.

Discover a prime commercial shop for sale through a bank auction in the bustling locality of Vile Parle West, Mumbai. This merged commercial shop, L-95, is located on the Lower Ground Floor of Prime Mall, Irla CHSL. With an approximate build-up area of 172.95 sq. ft (referring to shop L-17 as specified), this property offers excellent investment potential. The reserve price is ₹28,50,000, with an EMD of ₹2,85,000. The e-auction is scheduled for July 17, 2026. Don't miss this opportunity to acquire a valuable commercial property in a desirable Mumbai location via a Punjab National Bank auction.

GeoSquare note: This commercial shop in Prime Mall, Vile Parle West, Mumbai, is a strong investment opportunity due to its strategic location and a competitive reserve price of ₹28,50,000. While possession is symbolic, it's a bank auction indicating a generally clear title. Its location within a commercial mall in a desirable area of Mumbai ensures good foot traffic, making it attractive for various business ventures.

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