Representative illustration — Industrial Land bank auction in Bhiwandi
Representative illustration — not the actual property photograph.
Industrial Land Industrials Symbolic possession Fair Option

Industrial Land for Auction Bhiwandi Thane 1.3 Crore by Punjab National Bank 28 Apr 2026

Bhiwandi, Thane

Area: 11300 sq ft

Industrial Gala No. 1161/1,1161/2, &1161/3, Ground Floor, New Good Luck Compound, Near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar Mithpada, Bhiwandi, Tal Bhiwandi, Dist. Thane 421302

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹1,27,40,000

EMD ₹12,74,000

Auction date

28 Apr 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 11300 sq ft
  • Locality: Bhiwandi
  • Reserve: ₹1,27,40,000
  • EMD: ₹12,74,000

Auction snapshot

PossessionSymbolic
Property typeIndustrial Land · Industrials
LocalityBhiwandi
Built-up / plot area11300 sq ft
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.1161/1,1161/2, &1161/3
Building / societyNew Good Luck Compound
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Industrial Land bank auction in Bhiwandi, Thane by Punjab National Bank — reserve price ₹1,27,40,000, 11300 sq ft, Symbolic possession.

Bank auction property! Industrial land for sale in Bhiwandi, Thane. Seize this opportunity to acquire Industrial Gala No. 1161/1,1161/2, &1161/3 situated at Ground Floor, New Good Luck Compound, near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar Mithpada. The property spans 11300 sq ft, offered by Punjab National Bank with a reserve price of ₹12740000.0 and EMD of ₹1274000.0. E-auction scheduled for 2026-04-28. A great opportunity to invest in a bank auction property in a prime industrial area.

GeoSquare note: The property is an industrial land located in Bhiwandi, a known industrial area, offered at a reserve price of ₹12740000.0. The symbolic possession might require additional legal steps for complete control. Given the location and property type, it is a fair option for investors familiar with the area.

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