Representative illustration — Commercial Property bank auction in Kharivali
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Fair Option

Commercial Property for Auction Kharivali Thane 10.4 Crore by Punjab National Bank 26 May 2026

Kharivali, Thane

Area: 68090 sq. mtrs

Village Kharivali, Behind Liberty Oil Mill, Tal Shahpur, Dist Thane 421403, Maharashtra

Punjab National Bank · ARMB Thane

Reserve price

₹10,44,99,000

EMD ₹1,04,49,900

Auction date

26 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 68090 sq. mtrs
  • Locality: Kharivali
  • Reserve: ₹10,44,99,000
  • EMD: ₹1,04,49,900

Auction snapshot

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityKharivali
Built-up / plot area68090 sq. mtrs
LenderPunjab National Bank
BranchARMB Thane
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Commercial Property bank auction in Kharivali, Thane by Punjab National Bank — reserve price ₹10,44,99,000, 68090 sq. mtrs, Symbolic possession.

Explore this bank auction property featuring a commercial factory shed in Shahapur, Thane. The property, belonging to M/s Sharpen Industries and under the possession of Punjab National Bank, spans 68090 sq. mtrs of non-agricultural land and includes a factory shed area of 3344.42 sq. mtrs. Located in Kharivali Village, this industrial space presents a valuable investment opportunity. The auction features a reserve price of ₹104499000.0 and an EMD of ₹10449900.0. Don't miss the chance to acquire this bank auction property in a prime location. Contact Rohit at 9058763899 for more details.

GeoSquare note: The commercial factory shed in Shahapur, Thane, presents a potential investment opportunity, though symbolic possession adds a layer of complexity. The reserve price is high, relative to similar properties. Interested investors should conduct thorough due diligence, including a detailed title search and assessment of the property's condition.

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