Representative illustration — Land And Building bank auction in Karvali
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Fair Option

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

PossessionSymbolic
Property typeLand And Building · Residential
LocalityKarvali
Built-up / plot area250.83 Sq Mtrs
LenderPunjab National Bank
BranchARMB
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

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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