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Commercial Building Bank Auction Physical Possession

Commercial Building for Auction in Ulhasnagar, Thane – PNB

Ulhasnagar, Thane, Maharashtra · Auction ID #114589

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Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 1
Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 2
Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 3
Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 4
Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 5
Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 6
Commercial Building for auction in Ulhasnagar, Thane – PNB – photo 7
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Reserve Price ₹18,45,000 21.5% lower than previous auction (₹23.49 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 11:00 AM In 7 days
EMD Last Date 19 Nov 2026, 11:59 PM In 6 days
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Locality
Ulhasnagar
City
Thane
Pincode
421002
Address
ULHASNAGAR, Maharashtra, 421002 View on map

Description (as per sale notice)

Shop No. 310, 311 & 312 (all three merged unit) admeasuring 470 Sq. Ft. Built-Up and Shop No. 313, 3rd Floor, admeasuring 200 Sq. Ft. Built- Up of “Shanti Market” Situated and Constructed on Plot of Wing No. 1 to 14 of Brk. No. 14, CTS No. 2614, Ulhasnagar, District- Thane -421001 in the name of Mr. Hasso Gurdasmal Kukreja.

BAANKNET Property ID: PUNBKARAN2
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Bank & Auction Details

Branch
ARMB MUMBAI WESTERN444400
Auction type
Bank Auction
Borrower
M/s K**** T*****
Auction start
20 Nov 2026, 11:00 AM
Auction end
20 Nov 2026, 04:00 PM
EMD submission deadline
19 Nov 2026, 11:59 PM
Inspection
07 Nov 2026, 10:00 AM – 19 Nov 2026, 04:00 PM
Authorised officer
ANIL TUDU
Officer contact
8348381609
E-auction portal
BAANKNET (Property ID PUNBKARAN2)
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Previous Auctions of This Property

Auction dateReserve price
20 Nov 2026₹18,45,000This auction
03 Nov 2026₹23,49,000View

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 7 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNBKARAN2)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 11:59 PM. It is refunded if you don't win.
  5. Bid online on 20 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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