Industrial Land for Auction Ambernath Midc Thane 12 Lakh by Bank of India 26 May 2026
Ambernath MIDC, Thane
Area: 600 Sq. Ft.
Gala No.X-5/1 & X 5/2, 1st Floor, Snehvardhini Industrial Estate, Plot No.5, MIDC Ambernath Inudstrial Area, Village Morivali, Taluka Ulhasnagar, Dist. Thane 421501
Bank of India · Asset Recovery Management Branch
Reserve price
₹12,00,000
EMD ₹1,20,000
Auction date
26 May 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 600 Sq. Ft.
- ▸Locality: Ambernath MIDC
- ▸Reserve: ₹12,00,000
- ▸EMD: ₹1,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Ambernath MIDC |
| Built-up / plot area | 600 Sq. Ft. |
| Lender | Bank of India |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | Gala No.X-5/1 & X 5/2 |
| Building / society | Snehvardhini Industrial Estate |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Public Auction |
About this property
Industrial Land bank auction in Ambernath MIDC, Thane by Bank of India — reserve price ₹12,00,000, 600 Sq. Ft., Symbolic possession.
Bank auction property! Seize this opportunity to acquire an industrial land in Ulhasnagar, Thane. This property, located in MIDC Ambernath, features Gala No.X-5/1 & X 5/2, 1st Floor, Snehvardhini Industrial Estate spanning 600 Sq. Ft. Bank of India offers this prime industrial land with a reserve price of ₹1200000 and an EMD of ₹120000. Participate in the e-auction on 2026-05-26 to make it yours. Contact the Bank of India's authorized officer for inspections. A great opportunity for investment.
GeoSquare note: The property is an industrial land in a MIDC area, which could be a decent investment. However, the symbolic possession and relatively low reserve price suggest potential challenges or risks. Further due diligence is recommended given the symbolic possession.
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