Industrial Land for Auction Andheri East Mumbai 5.3 Crore by Punjab National Bank 421046

Quick read

• ▸Possession: Physical
• ▸Area: 6779 sq. ft.
• ▸Locality: Andheri East
• ▸Reserve: ₹5,33,47,000
• ▸EMD: ₹53,34,700

About this property

Industrial Land bank auction in Andheri East, Mumbai by Punjab National Bank — reserve price ₹5,33,47,000, 6779 sq. ft., Physical possession.

Participate in the bank auction of this prime Industrial Gala located in the prestigious SEEPZ area of Andheri East, Mumbai. Offered by Punjab National Bank, this property covers a spacious area of 6779 sq. ft. and is held under Physical possession. This is a significant opportunity for businesses looking for commercial or industrial space in a highly sought-after Mumbai locality. The auction is scheduled for 06-10-2026 with a reserve price of ₹53,347,000. Potential buyers should note existing encumbrances, including outstanding electricity and property tax dues. Don't miss this industrial investment opportunity in the heart of Mumbai's electronics and manufacturing hub. Please refer to the official sale notice for detailed terms and conditions regarding this bank auction property.

GeoSquare note: The property is located in the highly strategic SEEPZ industrial zone in Andheri East, which adds immense value for manufacturing or commercial operations. With Physical possession secured, the risks associated with the takeover are significantly mitigated. While there are outstanding utility and tax dues to be settled by the purchaser, the prime location and size of the industrial gala make it a strong investment choice.