Industrial Land Building for Auction Mithpada Shelar Thane 1.3 Crore by Punjab National Bank 26 May 2026
Mithpada, Shelar, Thane
Area: 11300 sqft
Industrial Gala No. 1161/1, 1161/2, &1161/3, New Good Luck Compound, Near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar, Mithpada, Bhiwandi, Tal Bhiwandi
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹1,27,40,000
EMD ₹12,74,000
Auction date
26 May 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 11300 sqft
- ▸Locality: Mithpada, Shelar
- ▸Reserve: ₹1,27,40,000
- ▸EMD: ₹12,74,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Mithpada, Shelar |
| Built-up / plot area | 11300 sqft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1161/1, 1161/2, &1161/3 |
| Building / society | New Good Luck Compound |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Mithpada, Shelar, Thane by Punjab National Bank — reserve price ₹1,27,40,000, 11300 sqft, Symbolic possession.
Bank auction property! Seize this opportunity to acquire an industrial land and building located in Bhiwandi, Thane. The property, part of M/s NGL Fabrics Pvt Ltd., features a ground floor unit at New Good Luck Compound, near Govt. Animal Hospital and Pranay Medical Store, Village Shelar, Mithpada. Spanning 11300 sqft, this industrial gala is up for e-auction with a reserve price of ₹12740000.0 and EMD of ₹1274000.0. Don't miss out on this prime industrial investment in a strategic location. Contact Mr. Sushil Kumar at 8420194674 for details.
GeoSquare note: The property is an industrial land and building in Bhiwandi, a developing industrial area, with a reserve price of ₹12740000.0. The symbolic posession is a risk factor. This offers a fair opportunity, but potential buyers should thoroughly investigate the market and location before bidding.
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