Industrial Land Building for Auction Mithpada Village Shelar Thane 50 Lakh by Punjab National Bank
Mithpada, Village Shelar, Thane
Area: 2240 sq. ft.
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 421302
Punjab National Bank · Mumbai
Reserve price
₹50,00,000
EMD ₹5,00,000
Auction date
24 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2240 sq. ft.
- ▸Locality: Mithpada, Village Shelar
- ▸Reserve: ₹50,00,000
- ▸EMD: ₹5,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Mithpada, Village Shelar |
| Built-up / plot area | 2240 sq. ft. |
| Lender | Punjab National Bank |
| Branch | Mumbai |
| Unit / flat no. | Industrial Gala No. 1162/4 |
| 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, Village Shelar, Thane by Punjab National Bank — reserve price ₹50,00,000, 2240 sq. ft., Symbolic possession.
Explore this prime industrial bank auction property located in New Good Luck Compound, Bhiwandi, Thane. This ground floor industrial gala, measuring 2240 sq. ft., is strategically situated near key landmarks like the Govt. Animal Hospital in Village Shelar. Ideal for manufacturing or warehousing businesses, this property offers excellent potential in a well-connected industrial hub. The auction is being conducted by Punjab National Bank with a reserve price of ₹50,00,000. Don't miss this opportunity to acquire a commercial industrial space in the Bhiwandi region. For serious investors looking for bank auction properties in Maharashtra, this listing provides a transparent path to ownership. Ensure you review all auction details and submission guidelines before participating in the bidding process.
GeoSquare note: This property is well-located in a prominent industrial cluster in Bhiwandi, offering good utility for its size. While the possession is currently symbolic, the entry price is competitive for an industrial space of 2240 sq. ft. It serves as a solid investment for industrial operators looking to establish a footprint in Thane district.
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