Representative illustration — Land bank auction in Murbad
Representative illustration — not the actual property photograph.
Land Residential Physical possession Fair Option

Land for Auction Murbad Thane 23.2 Crore by Pegasus Asset Reconstruction Pvt Ltd 08 Apr 2026

Murbad, Thane

Area: 203869 sq. mtrs

Village-Patgaon, Murbad-Karjat Road, Taluka Murbad, Dist-Thane, Maharashtra

Pegasus Asset Reconstruction Pvt. Ltd · Mumbai

Reserve price

₹23,21,25,000

EMD ₹2,32,12,500

Auction date

08 Apr 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 203869 sq. mtrs
  • Locality: Murbad
  • Reserve: ₹23,21,25,000
  • EMD: ₹2,32,12,500

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalityMurbad
Built-up / plot area203869 sq. mtrs
LenderPegasus Asset Reconstruction Pvt. Ltd
BranchMumbai
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Land bank auction in Murbad, Thane by Pegasus Asset Reconstruction Pvt. Ltd — reserve price ₹23,21,25,000, 203869 sq. mtrs, Physical possession.

Bank auction property: Land for sale in Murbad, Thane. This large plot of land, spanning 203869 sq. mtrs, is located at Village-Patgaon on Murbad-Karjat Road. Auctioned by Pegasus ARC, the property, previously owned and mortgaged by M/s. Pinnacle Infrastructure International Pvt. Ltd., has a reserve price of ₹232125000.0 and an EMD of ₹23212500.0. The e-auction is scheduled for 2026-04-08. Don't miss this opportunity to invest in a substantial land parcel in a developing location. Contact Mr. Siddhesh Pawar for inspection details.

GeoSquare note: The property is a large land parcel in Murbad, Thane, offered at a relatively high reserve price and physical posession. The property's potential is linked to developments in the region, but the existing encumbrances and past dues need careful consideration, making it a fair option for informed investors.

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