Industrial Land for Auction Sonale Thane 31.1 Lakh by Federal Bank 16 May 2026
Sonale, Thane
Area: 1455 Sq. Ft
Unit No. 204, 2nd Floor, Building No. A-8, Kripa Industrial Complex, Village Sonale, Taluka Bhiwandi, District Thane – 421302, Maharashtra
Federal Bank · LCRD - Mumbai Division
Reserve price
₹31,10,000
EMD ₹3,11,000
Auction date
16 May 2026, 11:30 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1455 Sq. Ft
- ▸Locality: Sonale
- ▸Reserve: ₹31,10,000
- ▸EMD: ₹3,11,000
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land · Industrials |
| Locality | Sonale |
| Built-up / plot area | 1455 Sq. Ft |
| Lender | Federal Bank |
| Branch | LCRD - Mumbai Division |
| Unit / flat no. | 204 |
| Building / society | Kripa Industrial Complex |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | drt.auctiontiger.net |
About this property
Industrial Land bank auction in Sonale, Thane by Federal Bank — reserve price ₹31,10,000, 1455 Sq. Ft, Physical possession.
Bank auction property: Industrial land for sale in Bhiwandi, Thane. This industrial unit, located in Kripa Industrial Complex, spans 1455 Sq. Ft. The property is situated in a prime industrial area of Sonale, Bhiwandi. Federal Bank is conducting an e-auction with a reserve price of ₹31,10,000 and an EMD of ₹3,11,000. Don't miss the opportunity to invest in this strategically located industrial land through this bank auction.
GeoSquare note: The industrial land in Bhiwandi presents a reasonable investment opportunity given its location and size. The reserve price of ₹31,10,000 makes it a potentially attractive option. Physical possession may expedite the investment returns, it need to be confirmed once before investment.
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