Representative illustration — Industrial Land bank auction in Gundavali
Representative illustration — not the actual property photograph.
Industrial Land Industrials Physical possession Strong Buy

Industrial Land for Auction Gundavali Thane 1.2 Crore by Bank of India 29 May 2026 2

Gundavali, Thane

Area: 451.32 Sq. Meters

Industrial Unit No.12, A/3, Shree Ganesh Complex, Survey No.93, Hissa No.5, Mauje, Gundavali, Bhiwandi, Dist. Thane 421302

Bank of India · Asset Recovery Management Branch

Reserve price

₹1,25,00,000

EMD ₹12,50,000

Auction date

29 May 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 451.32 Sq. Meters
  • Locality: Gundavali
  • Reserve: ₹1,25,00,000
  • EMD: ₹12,50,000

Auction snapshot

PossessionPhysical
Property typeIndustrial Land · Industrials
LocalityGundavali
Built-up / plot area451.32 Sq. Meters
LenderBank of India
BranchAsset Recovery Management Branch
Unit / flat no.12
Building / societyShree Ganesh Complex
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Industrial Land bank auction in Gundavali, Thane by Bank of India — reserve price ₹1,25,00,000, 451.32 Sq. Meters, Physical possession.

Bank auction property: Industrial land for sale in Bhiwandi, Thane. This prime industrial land, located in Shree Ganesh Complex, Gundavali, spans 451.32 Sq. Meters. The e-auction offers a fantastic opportunity to acquire property in a strategic location. The auction is scheduled for May 18, 2026, with a reserve price of ₹12,500,000 and an EMD of ₹1,250,000. This industrial land comes with physical possession. Don't miss out on this valuable bank auction property!

GeoSquare note: The property is an industrial land located in Bhiwandi, a developing industrial area near Mumbai. The physical possession status and the reasonable reserve price of ₹12,500,000 make it a strong investment opportunity. However, potential investors should conduct thorough due diligence regarding the location.

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