Industrial Land Building for Auction Village Varale Palghar 6.1 Crore by Bank of Maharashtra
Village Varale, Palghar
Area: 7500 sq. mtrs
Survey No. 63/4/1B, Village Varale, Taluka Wada, Dist. Palghar
Bank of Maharashtra · Zonal Office Thane
Reserve price
₹6,07,25,664
EMD ₹60,72,566
Auction date
25 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 7500 sq. mtrs
- ▸Locality: Village Varale
- ▸Reserve: ₹6,07,25,664
- ▸EMD: ₹60,72,566
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Village Varale |
| Built-up / plot area | 7500 sq. mtrs |
| Lender | Bank of Maharashtra |
| Branch | Zonal Office Thane |
| Unit / flat no. | Survey No. 63/4/1B |
| Building / society | Deshmukh Lead Pvt. Ltd Factory |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Village Varale, Palghar by Bank of Maharashtra — reserve price ₹6,07,25,664, 7500 sq. mtrs, Symbolic possession.
Participate in the bank auction of this prime industrial asset located in Village Varale, Taluka Wada, District Palghar. This property features 7500 Sq. Mtrs of industrial land along with a factory building/shed spanning 17979.97 Sq. Feet. Owned by M/s. Deshmukh Lead Pvt Ltd, this site is ideal for industrial operations. The property is being sold by Bank of Maharashtra under 'As is where is' basis. With a reserve price of ₹6.07 Crores, this is a significant opportunity for investors looking for industrial real estate in Maharashtra. E-auction is scheduled for 25th September 2026. Interested buyers must submit EMD by 25th September 2026. Contact the authorized officer at Bank of Maharashtra, Bhiwandi Branch, for site inspection and further documentation.
GeoSquare note: The property offers a substantial industrial land area in a growing industrial belt in Palghar, making it a strong candidate for manufacturing setups. While the possession status is currently 'Symbolic', the scale of the facility at this price point provides significant value for long-term industrial investment.
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