Industrial Land Building for Auction Asangaon Thane 1.7 Crore by Bank of Maharashtra
Asangaon, Thane
Area: 1000 sq. mtrs
Grampanchayayt House no.1132/B, Plt no.7, S No.17/5, Village Asangaon, Tal-Shahapur, Dist Thane Pin-421601
Bank of Maharashtra · Stressed Asset Management Branch
Reserve price
₹1,65,36,000
EMD ₹16,54,000
Auction date
15 Sep 2026, 11:00 AM
Auction notice
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Bid form
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Quick read
- ▸Possession: Physical
- ▸Area: 1000 sq. mtrs
- ▸Locality: Asangaon
- ▸Reserve: ₹1,65,36,000
- ▸EMD: ₹16,54,000
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land & Building · Industrials |
| Locality | Asangaon |
| Built-up / plot area | 1000 sq. mtrs |
| Lender | Bank of Maharashtra |
| Branch | Stressed Asset Management Branch |
| Unit / flat no. | Plt no.7, House no.1132/B |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Asangaon, Thane by Bank of Maharashtra — reserve price ₹1,65,36,000, 1000 sq. mtrs, Physical possession.
Participate in the bank auction of an industrial land and building located in Asangaon, Shahapur, Thane. This property, categorized under industrial assets, spans 1000 sq. mtrs and is being auctioned by the Bank of Maharashtra. The property is offered with physical possession, providing immediate control to the successful bidder. With a reserve price of ₹1,65,36,000, this is an excellent opportunity for investors looking for industrial real estate in the Thane region. The auction is scheduled for 15th September 2026. Interested buyers are encouraged to inspect the property on 10th September 2026. Secure this prime bank auction property for your industrial expansion needs. For more details on this commercial/industrial asset, contact the Stressed Asset Management Branch, Mumbai.
GeoSquare note: This industrial property is a strong investment due to its Physical Possession status, which significantly lowers acquisition risk. Located in the growing industrial hub of Asangaon, Shahapur, it offers good value for its size and nature. The clear documentation regarding the reserve price and auction procedure makes it a reliable opportunity for serious industrial investors.
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