Land and Building for Auction Karvali Thane 61.2 Lakh by Punjab National Bank 07 Apr 2026
Karvali, Thane
Area: 250.83 Sq Mtrs
Industrial Plot no 57 (P), Survey No 150(P), Mouje Karvali, Bhiwandi, Thane
Punjab National Bank · ARMB
Reserve price
₹61,20,000
EMD ₹6,12,000
Auction date
07 Apr 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 250.83 Sq Mtrs
- ▸Locality: Karvali
- ▸Reserve: ₹61,20,000
- ▸EMD: ₹6,12,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Karvali |
| Built-up / plot area | 250.83 Sq Mtrs |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Karvali, Thane by Punjab National Bank — reserve price ₹61,20,000, 250.83 Sq Mtrs, Symbolic possession.
This bank auction property features an industrial land and building located in Karvali, Bhiwandi, Thane. The property, measuring 250.83 Sq Mtrs, is up for sale under the SARFAESI Act. Punjab National Bank has set a reserve price of ₹6,120,000 with an EMD of ₹612,000. The e-auction is scheduled for April 7, 2026, offering a great opportunity for investors looking for bank auction property. This commercial land for sale in Bhiwandi is an excellent investment in a developing industrial area.
GeoSquare note: The property is a land and building in an industrial area, offered at a reserve price of ₹6,120,000, this price range is fair given the size and location. The symbolic possession might delay immediate use, impacting its attractiveness. However, its industrial zoning and location in Bhiwandi offer potential for future development.
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