Commercial Property for Auction Vehele Thane 2 Crore by Union Bank of India
Vehele, Thane
Area: 3125 sq. ft.
Godown No. 3 & 4, Ground Floor, Building No. D1, Shree Balaji Complex, Survey No 19, Hissa No. 4, Mouje Vehele, Taluka-Bhiwandi, District- Thane
Union Bank of India · Stressed Assets Management Branch
Reserve price
₹1,98,45,000
EMD ₹19,84,500
Auction date
28 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3125 sq. ft.
- ▸Locality: Vehele
- ▸Reserve: ₹1,98,45,000
- ▸EMD: ₹19,84,500
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Vehele |
| Built-up / plot area | 3125 sq. ft. |
| Lender | Union Bank of India |
| Branch | Stressed Assets Management Branch |
| Unit / flat no. | Godown No. 3 & 4 |
| Building / society | Shree Balaji Complex |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Vehele, Thane by Union Bank of India — reserve price ₹1,98,45,000, 3125 sq. ft., Symbolic possession.
Explore this prime bank auction property featuring a commercial PEB structure godown for sale in Bhiwandi, Thane. Located in the well-connected Shree Balaji Complex, this unit spans 3125 sq. ft. on the ground floor. Ideal for logistics and warehousing, this commercial godown is being auctioned by Union Bank of India. The property offers a strategic location in the Bhiwandi industrial belt. Don't miss this opportunity to invest in a commercial asset with a reserve price of ₹198.45 Lakhs. The auction is scheduled for July 28, 2026. Perfect for business expansion or investment, this property provides high visibility and accessibility within the Vehele Grampanchayat limits. Secure your bid now in this transparent bank-led sale.
GeoSquare note: The property is located in a prime warehousing hub (Bhiwandi), which offers high commercial potential for logistics businesses. However, the rating is tempered by its 'Symbolic' possession status, indicating that the buyer may face a process to obtain physical control. At a reserve price of ~₹1.98 Cr, it remains a fair investment for serious industrial players.
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