Representative illustration — Industrial Land & Building bank auction in Mithpada
Representative illustration — not the actual property photograph.
Industrial Land & Building Industrials Symbolic possession Fair Option

Industrial Land Building for Auction Mithpada Thane 55.6 Lakh by Punjab National Bank 16 Jun 2026

Mithpada, Thane

Area: 2240 sqft

Industrial Gala No. 1162/4 Ground Floor, New Good Luck Compound, Near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar, Mithpada, Bhiwandi, Tal Bhiwandi, Dist. Thane

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹55,55,200

EMD ₹5,55,520

Auction date

16 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 2240 sqft
  • Locality: Mithpada
  • Reserve: ₹55,55,200
  • EMD: ₹5,55,520

Auction snapshot

PossessionSymbolic
Property typeIndustrial Land & Building · Industrials
LocalityMithpada
Built-up / plot area2240 sqft
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.1162/4
Building / societyNew Good Luck Compound
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Industrial Land & Building bank auction in Mithpada, Thane by Punjab National Bank — reserve price ₹55,55,200, 2240 sqft, Symbolic possession.

Bank auction property: Industrial land and building for sale in Bhiwandi, Thane. This industrial gala, located in New Good Luck Compound, Mithpada, Bhiwandi, offers 2240 sqft of space. The property is near the Govt. Animal Hospital and Pranay Medical store, making it a conveniently located industrial unit. The reserve price is ₹5555200, with an EMD of ₹555520. Don't miss this opportunity to acquire a valuable industrial property through bank auction. Contact Punjab National Bank for more details. Auction Date: 2026-06-16.

GeoSquare note: The property is an industrial unit in Bhiwandi, Thane, available through a bank auction at a moderate reserve price. Its industrial classification might attract specific businesses, but the symbolic possession could delay immediate use. Due to these factors it is considered a fair option for investors looking into industrial properties.

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