Representative illustration — Godown bank auction in Usatane
Representative illustration — not the actual property photograph.
Godown Industrials Physical possession Fair Option

Godown for Auction Usatane Thane 18.7 Lakh by Punjab National Bank 08 Jun 2026

Usatane, Thane

Area: 968 Sq Ft

B-9, Balaji Plaza, Usatane, Taluka Ambernath, Dist Thane

Punjab National Bank · ARMB

Reserve price

₹18,73,000

EMD ₹1,87,300

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 968 Sq Ft
  • Locality: Usatane
  • Reserve: ₹18,73,000
  • EMD: ₹1,87,300

Auction snapshot

PossessionPhysical
Property typeGodown · Industrials
LocalityUsatane
Built-up / plot area968 Sq Ft
LenderPunjab National Bank
BranchARMB
Unit / flat no.B-9
Building / societyBalaji Plaza
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Godown bank auction in Usatane, Thane by Punjab National Bank — reserve price ₹18,73,000, 968 Sq Ft, Physical possession.

Secure a prime industrial property through this bank auction! Located in Ambernath, Thane, this godown presents an excellent investment opportunity. The property, previously mortgaged by M/s Keshar Steel, features a spacious godown with an area of 968 sq ft. The e-auction is scheduled for August 08, 2026, with a reserve price of ₹1873000 and an EMD of ₹187300. Don't miss out on this chance to acquire a valuable asset at a competitive price. Physical Possession. Explore this bank auction property for sale and expand your commercial portfolio!

GeoSquare note: This godown in Ambernath offers a decent investment prospect due to its physical posession and industrial zoning. However, the location may not be prime, influencing its overall appeal. With a reserve price of ₹1873000, potential buyers should weigh the location benefits and market value carefully to gauge the returns.

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