Industrial Land Building for Auction Shelar Mithpada Thane 55.6 Lakh by Punjab National Bank 26 May 2026
Shelar, Mithpada, Thane
Area: 2240 sqft
Industrial Gala No. 1162/3 Ground Floor, New Good Luck Compound, Near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar, Mithpada
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹55,55,200
EMD ₹5,55,520
Auction date
26 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2240 sqft
- ▸Locality: Shelar, Mithpada
- ▸Reserve: ₹55,55,200
- ▸EMD: ₹5,55,520
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Shelar, Mithpada |
| Built-up / plot area | 2240 sqft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1162/3 |
| 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 ₹55,55,200, 2240 sqft, Symbolic possession.
Bank auction property! Industrial land and building for sale in Bhiwandi, Thane. This property, located in the New Good Luck Compound, Village Shelar, Mithpada, features a 2240 sqft industrial gala on the ground floor. Auction date: 2026-05-26. Reserve price: ₹5555200.0 with an EMD of ₹555520.0. Don't miss this opportunity to invest in a prime industrial location. Contact Mr. Sushil Kumar at 8420194674 for more details.
GeoSquare note: The property is an industrial gala in Bhiwandi with a relatively low reserve price, making it a potentially interesting investment. However, the symbolic possession status adds a layer of risk. Further due diligence is recommended to assess the encumbrances and physical condition before bidding.
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