Industrial Land Building for Auction Shelar Mithpada Thane 44.7 Lakh by Punjab National Bank 16 Jun 2026
Shelar, Mithpada, Thane
Area: 1800.60 sqft
Industrial Gala No. 1161/6, 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 · ARMB,MUMBAI CITY
Reserve price
₹44,65,500
EMD ₹4,46,550
Auction date
16 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1800.60 sqft
- ▸Locality: Shelar, Mithpada
- ▸Reserve: ₹44,65,500
- ▸EMD: ₹4,46,550
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Shelar, Mithpada |
| Built-up / plot area | 1800.60 sqft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1161/6 |
| 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 Shelar, Mithpada, Thane by Punjab National Bank — reserve price ₹44,65,500, 1800.60 sqft, Symbolic possession.
Bank auction property! Industrial land and building for sale in Bhiwandi, Thane. Located in New Good Luck Compound, Shelar, Mithpada, this property offers 1800.60 sqft of space. Punjab National Bank invites bids for this prime industrial asset with a reserve price of ₹4465500 and an EMD of ₹446550. Don't miss this opportunity to invest in a strategically located industrial property. Contact us today for more details and to participate in the e-auction on June 16, 2026.
GeoSquare note: The property is an industrial land and building located in Bhiwandi, Thane, with a moderate reserve price. The symbolic possession might require additional legal steps for complete ownership. Considering its location and type, it represents a fair investment opportunity, but potential buyers should carefully assess the risks associated with symbolic possession before bidding.
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