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
| Possession | Physical |
| Property type | Godown · Industrials |
| Locality | Usatane |
| Built-up / plot area | 968 Sq Ft |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Unit / flat no. | B-9 |
| Building / society | Balaji Plaza |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
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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