Representative illustration — Commercial Shop bank auction in Village Gates Budruk
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Village Gates Budruk Palghar 33.1 Lakh by Bank of Maharashtra

Village Gates Budruk, Palghar

Area: 681 sq. ft.

Building Malini (Nirvana Lifestyle Ventures), Village Gates Budruk, Taluka Wada, Dist. Palghar 421303

Bank of Maharashtra · Asset Recovery Branch

Reserve price

₹33,10,000

EMD ₹3,31,000

Auction date

15 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 681 sq. ft.
  • Locality: Village Gates Budruk
  • Reserve: ₹33,10,000
  • EMD: ₹3,31,000

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityVillage Gates Budruk
Built-up / plot area681 sq. ft.
LenderBank of Maharashtra
BranchAsset Recovery Branch
Unit / flat no.Flat 101 and Flat 102
Building / societyMalini (Nirvana Lifestyle Ventures)
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Village Gates Budruk, Palghar by Bank of Maharashtra — reserve price ₹33,10,000, 681 sq. ft., Physical possession.

Explore this prime commercial shop auction in Wada, Palghar, listed by the Bank of Maharashtra. This bank auction property features two commercial units, Flat 101 (280 sq. ft.) and Flat 102 (401 sq. ft.), located on the 1st floor of the Malini building in Village Gates Budruk. With a total carpet area of 681 sq. ft., this commercial shop for sale offers a strategic investment opportunity in the Palghar district. The property is currently under physical possession. Interested bidders should note the reserve price of ₹33,10,000 and an EMD of ₹3,31,000. Participate in this e-auction on 15.09.2026 to secure this commercial real estate asset.

GeoSquare note: This property is a strong investment option due to its commercial nature and the fact that it is currently under physical possession, which simplifies the takeover process. Located in the developing region of Wada, Palghar, it provides a decent total carpet area of 681 sq. ft. at a competitive reserve price.

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