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

Industrial Land for Auction Karvali Thane 82.6 Lakh by Punjab National Bank 07 Jul 2026

Karvali, Thane

Area: 418.05 Sq Mtrs

Industrial Plot No 57 (P), Survey No 150(P), Mouje Karvali, Taluka Bhiwandi, District Thane

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹82,60,000

EMD ₹8,26,000

Auction date

07 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 418.05 Sq Mtrs
  • Locality: Karvali
  • Reserve: ₹82,60,000
  • EMD: ₹8,26,000

Auction snapshot

PossessionSymbolic
Property typeIndustrial Land · Industrials
LocalityKarvali
Built-up / plot area418.05 Sq Mtrs
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.Plot No 57 (P)
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Industrial Land bank auction in Karvali, Thane by Punjab National Bank — reserve price ₹82,60,000, 418.05 Sq Mtrs, Symbolic possession.

Discover an excellent investment opportunity with this bank auction property: an Industrial Land and Building located at Plot No 57 (P), Survey No 150(P), Mouje Karvali, Taluka Bhiwandi, District Thane. Spanning 418.05 Sq Mtrs, this industrial plot for sale by Punjab National Bank offers significant potential for business expansion or development. The auction has a reserve price of ₹8,260,000.0 and an EMD of ₹826,000.0, with a bid increment of ₹25,000.0. The e-auction is scheduled for July 7, 2026, from 11:00 AM to 4:00 PM. This prime industrial property in Bhiwandi, Thane, presents a strategic location for industrial ventures. Contact Mr. Sushil Kumar for further details on this bank auction property.

GeoSquare note: This industrial plot in Bhiwandi, Thane, is a strong buy due to its strategic location in an industrial hub and a reasonable reserve price. The property type (industrial land and building) offers good potential for business and investment. While the possession status is symbolic, which carries some risk, the overall market appeal and location make it an attractive option. The auction details are clear, and the bid increment is standard.

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