BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in Mumbai

Mumbai

Reserve price
₹2.72 Cr
Auction date
06 Mar 2026
11:00 AM
EMD deadline
30 Oct 2025
11:59 PM
Bid increment
₹25,000.00

Location details

Property Address
Shop No 1, Ground Floor, “Mahavir Darshan CHSL” Building No. 17, CTS No 1711, Keshavji Nayak Road, Bhat Bazar, Chinch Bunder, Mumbai – 400 009. Area admeasuring 1000 sq. ft Built-up.
City: Mumbai
District: Mumbai Suburban
State: Maharashtra
Pin Code: 400009
Country: India

Auction timeline

Auction starts
06 Mar 2026 at 11:00 AM
Auction ends
06 Mar 2026 at 4:00 PM
EMD submission deadline
30 Oct 2025 at 11:59 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹3.37 Cr
Property Identifiers
Bank Property ID
PUNBCSPARAMOUNT
Collateral ID
ADC10058794

Property Images

Price history

3 previous auctions
₹3.0Cr6 Mar₹2.7Cr₹2.7CrNow 10.4% down
₹2,72,25,000.00
6 Feb 2026
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹3,37,00,000.00
30 Oct 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹3,04,00,000.00
6 Mar 2025
Commercial
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s Paramount Corporation Mr Dinesh Chamanlal Joshi(Prop) Mrs Varsha Dinesh Joshi (Guarantor)
Registered Address of Borrower
Shop No 1, Ground Floor, Mahavir Building, Nr Shrinath Building, Keshavji Naik Road, Bhat Bazar, Masjid Bunder, Mumbai- 400009
Owner
Mr Dinesh Chamanlal Joshi & Ms Hetal Dinesh Joshi
Guarantor
Mrs Varsha Dinesh Joshi
NPA Amount
₹1.44 Cr
NPA Date
14 Feb 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ADC10058794
Customer ID
ADD005292
Guarantor Address
Flat No 703, 7th Floor, Krishna Vihar CHSL, Near Irla Tata Compound, Vile Parle West, Mumbai, Mumbai – 400 056
Demand Notice
Notice Date
15 Mar 2023
Notice Amount
₹1.47 Cr
Asset Classification
Classification Date
14 Feb 2023
Classification ID
3
Possession Dates
Symbolic
11 Jul 2023

Additional details

Description
Shop No 1, Ground Floor, “Mahavir Darshan CHSL” Building No. 17, CTS No 1711, Keshavji Nayak Road, Bhat Bazar, Chinch Bunder, Mumbai – 400 009. Area admeasuring 1000 sq. ft Built-up.

EMD Schedule

EMD Start
16 Feb 2026
11:33 AM
EMD Deadline
05 Mar 2026
11:59 PM
Payment Deadline
30 Oct 2025

Officer Details

Authorized Officer
SATYENDRA MISHRA
Authorised Officer - Scale - V - AGM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ADC10058794
Property ID
PUNBCSPARAMOUNT
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB THANE 832500
IFSC: PUNB

Bank contact

+91 83950 00953
Branch Address
Punjab National Bank, Circle Office Thane
Branch IFSC
PUNB0444400
Department
ARMB THANE 832500