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Bank of Maharashtra Industrial Land Auction in Bhiwandi, Thane

Bank auction by Bank of Maharashtra in Thane, Maharashtra. Reserve price ₹17.91 L.

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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

Sale notice

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

From the published reserve and EMD on this notice.

Before you bid — checklist

Confirm every requirement on the current sale notice before you bid.

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.

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