Representative illustration — Plot bank auction in Karvali
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Karvali Thane 61.2 Lakh by Punjab National Bank 07 Jul 2026

Karvali, Thane

Area: 250.83 Sq Mtrs

Industrial Plot no 57 (P), Survey No 150(P), Mouje Karvali, Taluka Bhiwandi, District Thane, Maharashtra.

Punjab National Bank · ARMB,MUMBAI CITY

Reserve price

₹61,20,000

EMD ₹6,12,000

Auction date

07 Jul 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 typePlot · Residential
LocalityKarvali
Built-up / plot area250.83 Sq Mtrs
LenderPunjab National Bank
BranchARMB,MUMBAI CITY
Unit / flat no.Plot no 57 (P)
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Plot bank auction in Karvali, Thane by Punjab National Bank — reserve price ₹61,20,000, 250.83 Sq Mtrs, Symbolic possession.

An excellent opportunity to acquire an industrial plot in Bhiwandi, Thane, Maharashtra, through a bank auction by Punjab National Bank. This property, Industrial Plot No. 57(P) in Mouje Karvali, Survey No. 150(P), measures 250.83 Sq Mtrs. With a reserve price of ₹61,20,000 and an EMD of ₹6,12,000, this industrial plot for sale is ideal for businesses looking to expand or investors seeking prime industrial real estate. The e-auction is scheduled for July 7, 2026, offering a chance to secure a valuable asset in a key industrial belt. Don't miss this bank auction property opportunity in Bhiwandi.

GeoSquare note: This industrial plot in Karvali, Bhiwandi, Thane, presents a strong investment opportunity with a competitive reserve price of ₹61.2 Lacs. Bhiwandi is a rapidly developing industrial hub, making this property attractive for industrial use or long-term appreciation. While possession is symbolic, which is common in bank auctions, the strategic location and property type enhance its value, warranting a 'Strong Buy' recommendation.

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