Industrial Land for Auction Village Shelar Mithpada Thane 50 Lakh by Punjab National Bank
Village Shelar, Mithpada, Thane
Area: 2240 sq. ft.
Industrial Gala No. 1162/3 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: Symbolic
- ▸Area: 2240 sq. ft.
- ▸Locality: Village Shelar, Mithpada
- ▸Reserve: ₹50,00,000
- ▸EMD: ₹5,00,000
Auction snapshot
| Possession | Symbolic |
| 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. 1162/3 |
| 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 ₹50,00,000, 2240 sq. ft., Symbolic possession.
Explore this industrial bank auction property located in the prime industrial hub of Bhiwandi, Thane. This commercial/industrial gala, situated on the ground floor of New Good Luck Compound, spans 2240 sq. ft. and is ideal for warehousing or manufacturing units. Strategically located near Government Animal Hospital and Pranay Medical and General Store, this property offers excellent accessibility. This industrial unit is being sold via a Punjab National Bank auction with a reserve price of ₹50,00,000. Don't miss this opportunity to acquire a commercial asset in a rapidly developing industrial zone. All interested bidders must submit the required EMD of ₹5,00,000 by the specified deadline for the e-auction scheduled on 2024-09-25.
GeoSquare note: The property is located in a well-established industrial hub in Bhiwandi, providing good connectivity and utility for industrial or warehousing purposes. With a competitive reserve price of 50 Lakhs for a 2240 sq. ft. space, it represents a strong investment opportunity, though investors should note the symbolic possession status, which may involve additional legal steps for physical handover.
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