1,173 sq feet Office for Auction in Mumbai, Mumbai – PNB

Property Details

Property type

Office (Commercial)

Possession

Symbolic Possession

Area

1,173 sq feet (≈ 1,173 sq ft)

Reserve price / sq ft

₹32,822

Locality

Mumbai

City

Mumbai

State

Maharashtra

Pincode

400055

Address

Mumbai, Maharashtra, 400055 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB THANE 832500

Auction type

SARFAESI Auction

Borrower

YUG O** T***** P***** L*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

05 Oct 2026, 11:59 PM

Inspection

—

Authorised officer

Devakumara Y N

Officer contact

8095807705

E-auction portal

BAANKNET (Property ID PUNB8325YUGOILOFFICE1)

Price Check

This listing's reserve price works out to ₹32,822 per sq ft. The average across commercial bank auctions in Mumbai on our site is ₹27,136 per sq ft, so this one is 21% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB8325YUGOILOFFICE1)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Oct 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 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.