Godown for Auction Bhiwandi Thane 30.9 Lakh by Idbi Bank
Bhiwandi, Thane
Area: 159.48 sq. mtrs
Godown No 105 & 106 On 1st Floor, In Building Known As Motiram Krishna Patil Estate, Survey No. 194, Hissa No 6, Mauze Purne, Motiram Krishna Estate, Bhiwandi, Thane - 421306
IDBI Bank · Mumbai
Reserve price
₹30,88,000
EMD ₹3,09,000
Auction date
09 Oct 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 159.48 sq. mtrs
- ▸Locality: Bhiwandi
- ▸Reserve: ₹30,88,000
- ▸EMD: ₹3,09,000
Auction snapshot
| Possession | Physical |
| Property type | Godown · Industrials |
| Locality | Bhiwandi |
| Built-up / plot area | 159.48 sq. mtrs |
| Lender | IDBI Bank |
| Branch | Mumbai |
| Unit / flat no. | Godown No 105 & 106 |
| Building / society | Motiram Krishna Patil Estate |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankauctions.in |
About this property
Godown bank auction in Bhiwandi, Thane by IDBI Bank — reserve price ₹30,88,000, 159.48 sq. mtrs, Physical possession.
Explore this prime bank auction property featuring a commercial godown in the strategic industrial hub of Bhiwandi, Thane. Located at Motiram Krishna Patil Estate, this property spans 159.48 sq. mtrs on the 1st floor, making it an excellent opportunity for logistics or industrial storage business. The property is being auctioned by IDBI Bank under SARFAESI Act guidelines. The auction is scheduled for 09-10-2026 with a reserve price of ₹30.88 Lakhs. This is a secure 'as is where is' basis transaction. Don't miss this chance to invest in a commercial asset in one of Maharashtra's key industrial zones. Interested bidders should complete their EMD submission by 08-10-2026. Contact the authorized officer for inspection and further bidding details.
GeoSquare note: This property is a strong investment choice due to its strategic location in Bhiwandi, a major industrial and logistics hub. The availability of physical possession and a reasonable reserve price makes it highly attractive for commercial use. Potential buyers should verify the current maintenance status and specific industrial zoning permissions before bidding.
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