Industrial Land for Auction Bhiwandi Thane 44.7 Lakh by Punjab National Bank 28 Apr 2026
Bhiwandi, Thane
Area: 1800.60 sqft
Industrial Gala No. 1161/6, 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
₹44,65,500
EMD ₹4,46,550
Auction date
28 Apr 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1800.60 sqft
- ▸Locality: Bhiwandi
- ▸Reserve: ₹44,65,500
- ▸EMD: ₹4,46,550
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Bhiwandi |
| Built-up / plot area | 1800.60 sqft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1161/6 |
| 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 bank auction in Bhiwandi, Thane by Punjab National Bank — reserve price ₹44,65,500, 1800.60 sqft, Symbolic possession.
Bank auction property! Industrial land for sale in Bhiwandi, Thane. This industrial gala, located in New Good Luck Compound, offers 1800.60 sqft of space. The property is under symbolic possession and is being auctioned by Punjab National Bank to recover dues from M/s NGL Fabrics Pvt Ltd. The e-auction is scheduled for 2026-04-28, with a reserve price of ₹4465500.0 and an EMD of ₹446550.0. Don't miss this opportunity to acquire industrial space in a prime location through a bank auction.
GeoSquare note: The industrial land is located in Bhiwandi, a developing industrial area near Thane. The reserve price seems reasonable, but the symbolic possession could delay immediate use. Given the lack of specific information on the industry and potential, it's a fair option for those familiar with the local industrial market.
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