Representative illustration — Factory land and Building bank auction in Andheri East
Representative illustration — not the actual property photograph.
Factory land and Building Industrials Physical possession Fair Option

Factory Land and Building for Auction Andheri East Mumbai 14.8 Crore by Punjab National Bank 28 Apr 2026

Andheri East, Mumbai

Area: 12890.48 Sq Ft.

601/602, Block No. 1, Seepz++, Seepz-Sez, Andheri (East), Mumbai

Punjab National Bank · Stressed Asset Management Branch

Reserve price

₹14,79,25,000

EMD ₹1,47,92,500

Auction date

28 Apr 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 12890.48 Sq Ft.
  • Locality: Andheri East
  • Reserve: ₹14,79,25,000
  • EMD: ₹1,47,92,500

Auction snapshot

PossessionPhysical
Property typeFactory land and Building · Industrials
LocalityAndheri East
Built-up / plot area12890.48 Sq Ft.
LenderPunjab National Bank
BranchStressed Asset Management Branch
Unit / flat no.601/602
Building / societySEEPZ++, Block 1 Premises Co-op society Ltd.
Floor6th Floor
Auction typeSARFAESI Auction
Bid increment₹5,00,000
Service providerBAANKNET

About this property

Factory land and Building bank auction in Andheri East, Mumbai by Punjab National Bank — reserve price ₹14,79,25,000, 12890.48 Sq Ft., Physical possession.

Bank auction property! Industrial factory unit for sale in the prime location of Andheri East, Mumbai, within SEEPZ++. This property offers a spacious area of 12890.48 Sq Ft. The e-auction is scheduled for 2026-04-28, with a reserve price of ₹147925000.0 and an EMD of ₹14792500.0. Don't miss this opportunity to acquire a valuable commercial property through bank auction in one of Mumbai's key industrial areas. Physical possession is available.

GeoSquare note: The property is a factory unit in a well-known industrial area of Mumbai, offering good potential. However, the presence of encumbrances and the high reserve price contribute to a 'Fair Option' rating. Physical possesion is a positive aspect, but potential investors should carefully evaluate the outstanding dues and market conditions.

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