Industrial Land for Auction Village Shelar Mithpada Bhiwandi Thane 40.2 Lakh by Punjab National Bank
Village Shelar, Mithpada, Bhiwandi, Thane
Area: 1800.60 sq. ft.
Industrial Gala No. 1161/6, Ground Floor, New Good Luck Compound, Near Govt. Animal Hospital and Pranay Medical and General Store, Village Shelar, Mithpada, Bhiwandi, Tal Bhiwandi, Dist. Thane 421302
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹40,19,000
EMD ₹4,01,900
Auction date
24 Sep 2026, 11:00 AM
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Quick read
- ▸Area: 1800.60 sq. ft.
- ▸Locality: Village Shelar, Mithpada, Bhiwandi
- ▸Reserve: ₹40,19,000
- ▸EMD: ₹4,01,900
Auction snapshot
| Possession | — |
| Property type | Industrial Land · Industrials |
| Locality | Village Shelar, Mithpada, Bhiwandi |
| Built-up / plot area | 1800.60 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | 1161/6 |
| Building / society | New Good Luck Compound |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Industrial Land bank auction in Village Shelar, Mithpada, Bhiwandi, Thane by Punjab National Bank — reserve price ₹40,19,000, 1800.60 sq. ft..
This bank auction property features an industrial gala located in the prime industrial hub of Bhiwandi, Thane. Situated on the ground floor of New Good Luck Compound in Village Shelar, this property offers an area of 1800.60 sq. ft., making it an ideal commercial shop or industrial unit for sale. With a reserve price of ₹40,19,000, this auction presents a lucrative investment opportunity for businesses looking to establish a footprint in the Bhiwandi industrial zone. The location benefits from proximity to key landmarks like the Govt. Animal Hospital. Interested bidders should note the EMD of ₹4,01,900 and participate in this Punjab National Bank e-auction. Don't miss out on acquiring this well-positioned industrial asset in Thane district.
GeoSquare note: The property is located in a well-known industrial pocket of Bhiwandi, providing good connectivity and utility for manufacturing or warehousing purposes. With an attractive reserve price of ₹40.19 Lakhs for 1800+ sq. ft., it represents a strong value proposition for industrial investment, provided the possession status is confirmed as physical by the bank.
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