Commercial Property for Auction Dombivali Industrial Area Thane 28 Lakh by Svc Co Op Bank Ltd
Dombivali Industrial area, Thane
Area: 7452 sq. mtrs
Plot Nos. B-23 & B-24, MIDC, Phase II, Dombivali Industrial area, Village Sagaon, Kalyan, District Thane
SVC Co-op Bank Ltd · RECOVERY DEPARTMENT
Reserve price
₹28,00,000
EMD ₹2,80,000
Auction date
10 Sep 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 7452 sq. mtrs
- ▸Locality: Dombivali Industrial area
- ▸Reserve: ₹28,00,000
- ▸EMD: ₹2,80,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Property · Commercial |
| Locality | Dombivali Industrial area |
| Built-up / plot area | 7452 sq. mtrs |
| Lender | SVC Co-op Bank Ltd |
| Branch | RECOVERY DEPARTMENT |
| Unit / flat no. | Plot Nos. B-23 & B-24 |
| Building / society | MIDC, Phase II |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,00,000 |
| Service provider | drt.auctiontiger.net |
About this property
Commercial Property bank auction in Dombivali Industrial area, Thane by SVC Co-op Bank Ltd — reserve price ₹28,00,000, 7452 sq. mtrs, Physical possession.
Explore this prime bank auction property featuring an industrial plot spanning 7452 sq. mtrs. located in the established MIDC Phase II, Dombivali Industrial area, Kalyan, Thane. Ideal for industrial operations, this land includes building structures and hypothecation of plant & machinery. This commercial/industrial land auction offers a significant investment opportunity in a key industrial hub. The property is currently in the physical possession of SVC Co-op Bank Ltd. Interested buyers can participate in the e-auction scheduled for 10.09.2026. With a reserve price of ₹28 Crores, this property is a notable listing for those looking to acquire industrial assets in the Mumbai Metropolitan Region. Ensure all legal checks are completed regarding the mentioned encumbrances and labour disputes before bidding.
GeoSquare note: The property offers a large land parcel in a well-connected industrial belt, which is highly advantageous. However, the presence of significant outstanding dues to MSEDCL, MIDC, and KDMC, along with pending labour disputes, warrants a cautious approach. It is a 'Fair Option' for investors capable of managing the complex legal and financial liabilities associated with the acquisition.
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