Industrial Land for Auction Bhiwandi Thane 55.6 Lakh by Punjab National Bank 28 Apr 2026
Bhiwandi, Thane
Area: 2240 sqft
Industrial Gala No. 1162/4 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
₹55,55,200
EMD ₹5,55,520
Auction date
28 Apr 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2240 sqft
- ▸Locality: Bhiwandi
- ▸Reserve: ₹55,55,200
- ▸EMD: ₹5,55,520
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Bhiwandi |
| Built-up / plot area | 2240 sqft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1162/4 |
| 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 ₹55,55,200, 2240 sqft, Symbolic possession.
Bank auction property! Seize the opportunity to acquire an industrial gala in Bhiwandi, Thane. This industrial land, located in New Good Luck Compound, offers 2240 sqft of space. The e-auction is scheduled for 2026-04-28, with a reserve price of ₹5555200.0 and an EMD of ₹555520.0. Don't miss out on this prime industrial property for sale in a strategic location near Govt. Animal Hospital and Pranay Medical and General Store. Perfect for businesses seeking industrial land investment.
GeoSquare note: The property is an industrial gala in a developing area, Bhiwandi, which can be both an advantage and disadvantage. The reserve price seems reasonable, but the symbolic possession indicates potential challenges. Given these factors, it's a fair option with medium risk; further due diligence is recommended.
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