Industrial Land for Auction Village Shelar Mithpada Thane 50 Lakh by Punjab National Bank 407059
Village Shelar, Mithpada, Thane
Area: 2240 sq. ft.
Industrial Gala No. 1162/4 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
₹50,00,000
EMD ₹5,00,000
Auction date
24 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 2240 sq. ft.
- ▸Locality: Village Shelar, Mithpada
- ▸Reserve: ₹50,00,000
- ▸EMD: ₹5,00,000
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land · Industrials |
| Locality | Village Shelar, Mithpada |
| Built-up / plot area | 2240 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB,MUMBAI CITY |
| Unit / flat no. | Industrial Gala No. 1162/4 |
| 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 ₹50,00,000, 2240 sq. ft., Physical possession.
Participate in the upcoming bank auction for a prime industrial property located in Bhiwandi, Thane. This industrial gala, measuring 2240 sq. ft., is situated on the ground floor of the New Good Luck Compound, Village Shelar. It is strategically located near key landmarks like the Government Animal Hospital. This commercial/industrial space is being auctioned by Punjab National Bank (ARMB Mumbai). With a reserve price of ₹50,00,000 and an EMD of ₹5,00,000, this is an excellent opportunity for businesses looking for warehouse or manufacturing space in the industrial hub of Bhiwandi. Physical possession ensures a secure transaction for potential buyers. Don't miss this chance to acquire industrial real estate in a well-connected locality of Thane.
GeoSquare note: The property is located in the well-established industrial hub of Bhiwandi, making it highly suitable for manufacturing or warehousing. With the bank holding physical possession, the acquisition process is significantly safer and more straightforward for the buyer. The reserve price is competitive for an industrial unit of 2240 sq. ft. in this region, representing a strong investment potential.
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