Land And Building for auction Ulhasnagar Camp-4 Thane 13 lakh Punjab National Bank

This is a bank auction for a Land and Building property located in Ulhasnagar, Thane, Maharashtra. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is a residential asset, previously owned by Vimal B Biwal. This is a prime opportunity to acquire real estate in the Thane district. The property type is Land And Building, offering potential for various uses.

Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Ulhasnagar, Thane on November 11, 2025. The auction will commence at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this auction is INR 13,07,700, with an Earnest Money Deposit (EMD) of INR 1,30,770 required to participate. This is a significant opportunity for potential buyers looking to invest in the Thane real estate market.

The property represents a calculated opportunity due to its location in Ulhasnagar and the relatively low reserve price. While the size is limited, the potential for redevelopment or commercial use exists. Further due diligence on the property's encumbrances and local market conditions is recommended before bidding.