Godown for Auction Usatane Thane 16.9 Lakh by Punjab National Bank
Usatane, Thane
Area: 968 sq. ft.
B-9, Balaji Plaza, Usatane, Taluka Ambernath, Dist Thane
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹16,86,000
EMD ₹1,68,600
Auction date
24 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 968 sq. ft.
- ▸Locality: Usatane
- ▸Reserve: ₹16,86,000
- ▸EMD: ₹1,68,600
Auction snapshot
| Possession | Symbolic |
| Property type | Godown · Industrials |
| Locality | Usatane |
| Built-up / plot area | 968 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | B-9 |
| Building / society | Balaji Plaza |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Godown bank auction in Usatane, Thane by Punjab National Bank — reserve price ₹16,86,000, 968 sq. ft., Symbolic possession.
Participate in the bank auction for a commercial godown located at B-9, Balaji Plaza, Usatane, Ambernath, Thane. This property offers a build-up area of 968 sq. ft., making it an excellent opportunity for businesses looking for storage or industrial space in the Thane district. With a reserve price of ₹16,86,000, this commercial asset is managed by Punjab National Bank (ARMB, Mumbai). The auction is scheduled for 2024-09-24. Do not miss this chance to acquire a prime commercial property through an authorized bank e-auction. Physical possession status is symbolic. Ensure you submit your EMD of ₹1,68,600 to participate.
GeoSquare note: The property is well-priced for a commercial godown in the Thane region, offering good utility for industrial or storage purposes. While the possession is symbolic, the clear title and reputable bank backing make it a solid investment. The size of 968 sq. ft. is ideal for small-to-medium business operations.
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