Plot for Auction Majiwade Pawar Nagar New Mahada Colony Thane 29.5 Lakh by Punjab National Bank 30 Jun 2026
Majiwade, Pawar Nagar, New Mahada Colony, Thane
Area: 300.0 Sq Ft
Room No. B-7, Plot No. 142, Shree Siddhanath CHSL, New Mahada Colony, Pawar Nagar, Village Majiwade, Thane (West) 400601.
Punjab National Bank · ARMB Thane
Reserve price
₹29,50,000
EMD ₹2,95,000
Auction date
30 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 300.0 Sq Ft
- ▸Locality: Majiwade, Pawar Nagar, New Mahada Colony
- ▸Reserve: ₹29,50,000
- ▸EMD: ₹2,95,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Majiwade, Pawar Nagar, New Mahada Colony |
| Built-up / plot area | 300.0 Sq Ft |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Room No. B-7, Plot No. 142 |
| Building / society | Shree Siddhanath CHSL |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Majiwade, Pawar Nagar, New Mahada Colony, Thane by Punjab National Bank — reserve price ₹29,50,000, 300.0 Sq Ft, Symbolic possession.
Discover a bank auction property for sale in Thane. This residential flat, Room No. B-7, is located on Plot No. 142 within the Shree Siddhanath CHSL, New Mahada Colony, Pawar Nagar, Majiwade, Thane (West) 400601. Spanning a built-up area of 300 sq. ft., this unit presents a good investment opportunity in a developing residential area. The e-auction by Punjab National Bank is scheduled for June 30, 2026, with a reserve price of ₹2,950,000 and an EMD of ₹295,000. Despite symbolic possession, this property offers potential for homebuyers or investors looking for a flat in Thane. Interested bidders should note the bid increment of ₹5,000 and the contact details for further inquiries.
GeoSquare note: This residential property in Majiwade, Thane, offers a fair investment opportunity at a reasonable price point of ₹2,950,000 for 300 sq. ft. Thane is a rapidly growing area, making this a good location. The 'Symbolic' possession status means the buyer will need to manage physical possession, which introduces some risk. However, for an investor willing to navigate this, it could be a strong buy given the potential for appreciation in Thane.
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