Industrial Land for Auction Village Shelar Mithpada Thane 1.1 Crore by Punjab National Bank
Village Shelar, Mithpada, Thane
Area: 11300 sq. ft.
Industrial Gala No. 1161/1, 1161/2, & 1161/3, Ground Floor, New Good Luck Compound, Near Govt Animal Hospital & Pranay Medical and General Store, Village Shelar, Mithpada, Bhiwandi, Tal Bhiwandi, Dist. Thane 421302
Punjab National Bank · ARMB,MUMBAI CITY
Reserve price
₹1,14,66,000
EMD ₹11,46,600
Auction date
24 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 11300 sq. ft.
- ▸Locality: Village Shelar, Mithpada
- ▸Reserve: ₹1,14,66,000
- ▸EMD: ₹11,46,600
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Village Shelar, Mithpada |
| Built-up / plot area | 11300 sq. ft. |
| 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 |
| Service provider | BAANKNET |
About this property
Industrial Land bank auction in Village Shelar, Mithpada, Thane by Punjab National Bank — reserve price ₹1,14,66,000, 11300 sq. ft., Symbolic possession.
Participate in this bank auction property opportunity featuring an industrial gala located in the prime industrial hub of Village Shelar, Bhiwandi, Thane. This commercial property spans a massive 11,300 sq. ft. area, covering Gala No. 1161/1, 1161/2, and 1161/3 on the ground floor of New Good Luck Compound. Ideally situated near the Government Animal Hospital and Pranay Medical store, this industrial space is perfect for manufacturing or warehousing businesses. The auction is being conducted by Punjab National Bank (PNB). With a reserve price of ₹1,14,66,000, this is a significant opportunity for investors seeking industrial real estate in the Thane district. Ensure you review the property details and participate in the e-auction scheduled for 2024-09-24.
GeoSquare note: This industrial property offers a substantial floor area of 11,300 sq. ft. in the well-connected industrial locality of Bhiwandi, making it a high-utility asset for manufacturing or storage. While the possession status is currently symbolic, the competitive reserve price and the scale of the facility present a strong investment proposition for commercial buyers.
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