Factory land and Building for auction Kanchad, Wada Palghar 6 Cr Canara Bank

This auction features a significant industrial property located in Wada, Palghar, Maharashtra. The asset comprises factory land and a building, ideal for manufacturing or warehousing operations. Situated in a key industrial zone, this property offers excellent potential for business expansion. The land area and building specifications are detailed in the auction documents. This is a prime opportunity for investors and businesses seeking a substantial industrial asset in the Palghar district.

Canara Bank presents a SARFAESI auction for an industrial property in Wada, Palghar, Maharashtra. The reserve price is set at ₹6,47,00,000, with an Earnest Money Deposit (EMD) of ₹64,70,000 required. The auction will be conducted online on November 15, 2025, commencing at 11:00 AM and concluding at 01:00 PM. This is a unique chance to acquire a factory land and building asset previously owned by M/s. Elegant Forge & Equipment Pvt Ltd. Interested bidders are advised to review all auction terms and conditions.

The property's industrial zoning and substantial size make it a strong investment. The location in Wada, Palghar, an emerging industrial area, adds to its potential. The auction terms are reasonable, presenting a valuable opportunity for investors seeking industrial assets.