Bank auction
Bank of Maharashtra Industrial Land Auction in Bhiwandi, Thane
Bank auction by Bank of Maharashtra in Thane, Maharashtra. Reserve price ₹17.91 L.

Auction facts
- Bank
- Bank of Maharashtra
- Branch
- Navi Mumbai Zonal Office
- Reserve price
- ₹17.91 L
- EMD
- ₹1.791 L
- Auction date
- 15-09-2026 11:00 AM
- End time
- 15-09-2026 03:00 PM
- Submission date
- 14-09-2026 05:00 PM
- Auction type
- SARFAESI Auction
- Service provider
- BAANKNET
- Auction ID
- 866561
- Property type
- Industrial Land
- Borrower
- M/s Paan Group
Property
- Area
- Bhiwandi
- City
- Thane
- State
- Maharashtra
Notice
- Contact
- Contact Mr. Man Mohan Murmu, Branch Manager, ARB Branch-9552808185, Miss. Saniya Khobragade, Manager ARB 9049376443
Bid timing & possession
Bid / application deadline: 14 Sep 2026 — Closed on 14 Sep 2026
Symbolic Symbolic possession: possession was recorded on paper only — the borrower or occupants may still be in the asset. Verify occupancy before bidding.
Published reserve ₹17.91 L is 56% below the same locality median of ₹40.445935 L (n=24 comparable live notices).
EMD calculator
- Reserve: ₹17.91 L
- EMD: ₹1.791 L (10%)
- Remaining (reserve − EMD): ₹16.119 L
Before you bid — checklist
- Valid PAN card
- KYC documents as required by the lender
- EMD payment through the lender's authorised channel
- Registration on the bank's e-auction portal
Description
Industrial Gala No 1384/3/ Part B, Kammurthy Compound, Behind Hotel Sai Pooja, Bhiwandi, Dist. Thane
Bid questions, from this notice
How much EMD does this notice publish?
The published Earnest Money Deposit is ₹1.791 L. Deposit it only through the lender's authorised channel after confirming the current sale notice.
What reserve price will my bid be tested against?
The lender published a reserve price of ₹17.91 L for this asset. Bids below the published reserve are not accepted in e-auctions.
When is the bid / application deadline?
The published bid / application deadline was 14 Sep 2026 — that window has closed.
When is the auction scheduled?
The auction is dated 15 Sep 2026 on the published notice. Confirm the current schedule with the lender before bidding.
What does the possession status on this notice mean?
Symbolic possession: possession was recorded on paper only — the borrower or occupants may still be in the asset. Verify occupancy before bidding.
Auction assistance
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