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

Industrial Land Building for Auction Shelar Mithpada Thane 44.7 Lakh by Punjab National Bank 26 May 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

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹44,65,500

EMD ₹4,46,550

Auction date

26 May 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

PossessionSymbolic
Property typeIndustrial Land & Building · Industrials
LocalityShelar, Mithpada
Built-up / plot area1800.60 sqft
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.1161/6
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 Shelar, Mithpada, Thane by Punjab National Bank — reserve price ₹44,65,500, 1800.60 sqft, Symbolic possession.

Bank auction property! Seize this opportunity to acquire an industrial land & building located in Bhiwandi, Thane. The property, belonging to M/s NGL Fabrics Pvt Ltd, features a ground floor industrial gala (No. 1161/6) within the New Good Luck Compound, near the Govt. Animal Hospital in Shelar, Mithpada. The area spans 1800.60 sqft. The e-auction is scheduled for 2026-05-26, with a reserve price of ₹4465500.0 and an EMD of ₹446550.0. This industrial property offers immense potential for businesses seeking a strategic location in the Thane district. Don't miss out!

GeoSquare note: The property is an industrial land and building located in Bhiwandi, Thane, with a reserve price of ₹4465500.0. The symbolic possession may create challenges, and the 'Not Known' encumbrance details add uncertainty. However, the location in an industrial area and the relatively affordable price point make it a fair option for potential investors or businesses seeking a foothold in the region.

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