Industrial Land for Auction Shelar Mithpada Thane 1.3 Crore by Punjab National Bank 16 Jun 2026
Shelar, Mithpada, Thane
Area: 11300 sqft
Industrial Gala No. 1161/1, 1161/2, & 1161/3, Ground Floor, New Good Luck Compound, Near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar, Mithpada
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹1,27,40,000
EMD ₹12,74,000
Auction date
16 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 11300 sqft
- ▸Locality: Shelar, Mithpada
- ▸Reserve: ₹1,27,40,000
- ▸EMD: ₹12,74,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Shelar, Mithpada |
| Built-up / plot area | 11300 sqft |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1161/1, 1161/2, & 1161/3 |
| 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 Shelar, Mithpada, Thane by Punjab National Bank — reserve price ₹1,27,40,000, 11300 sqft, Symbolic possession.
Bank auction property in Bhiwandi, Thane! This industrial land, located in Village Shelar, Mithpada, offers a substantial area of 11,300 sqft. The property is situated in New Good Luck Compound, near the Govt. Animal Hospital, making it a strategically positioned investment. The e-auction is scheduled for June 16, 2026, with a reserve price of ₹12,740,000 and an EMD of ₹1,274,000. Don't miss this opportunity to acquire a valuable industrial property through this bank auction. Contact the authorized officer for more details!
GeoSquare note: The industrial land in Bhiwandi presents a potential investment opportunity given its size and location, though the symbolic possession might delay immediate use. The reserve price is relatively high. Bidders should thoroughly investigate the site and market conditions.
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