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

Land for Auction Sonale Thane 31.1 Lakh by Federal Bank 30 Apr 2026

Sonale, Thane

Area: 1455 Sq. Ft

Unit No. 204, 2nd Floor, Building No. A/8, Kripa Industrial Complex, Village Sonale, Taluka Bhiwandi, District Thane - 421302, Maharashtra

Federal Bank · LCRD - Mumbai Division

Reserve price

₹31,10,000

EMD ₹3,11,000

Auction date

30 Apr 2026, 02:00 PM

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Quick read

  • Possession: Physical
  • Area: 1455 Sq. Ft
  • Locality: Sonale
  • Reserve: ₹31,10,000
  • EMD: ₹3,11,000

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalitySonale
Built-up / plot area1455 Sq. Ft
LenderFederal Bank
BranchLCRD - Mumbai Division
Unit / flat no.204
Building / societyKripa Industrial Complex
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹5,000
Service providerdrt.auctiontiger.net

About this property

Land bank auction in Sonale, Thane by Federal Bank — reserve price ₹31,10,000, 1455 Sq. Ft, Physical possession.

Bank auction property! Industrial land for sale in Bhiwandi, Thane. This property features an industrial unit with 1455 Sq. Ft. of space, located in Kripa Industrial Complex, Sonale. The e-auction is scheduled for 2026-05-16, with a reserve price of ₹3110000 and an EMD of ₹311000. Don't miss this opportunity to invest in a prime industrial location through a bank auction. Property inspection available on 2026-04-30. Contact Federal Bank for details.

GeoSquare note: The property is an industrial land located in Bhiwandi with physical possession. The reserve price is ₹3110000, which may be reasonable for the area but requires further market assessment. Due to the lack of specific market data and comparable sales, it's classified as a fair option, suitable for investors with a clear understanding of the local industrial market.

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