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
Auction notice
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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! 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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