Plot for Auction Near Ulhasnagar Station Thane 2.4 Crore by Punjab National Bank
Near Ulhasnagar Station, Thane
Plot No. 445, Chalta No. 1f And 1g, Sheet No. 4&5, Cts No. 16627, Ward No. 35, Sr No. 35/1907, Opp To Chm College, Near Ulhasnagar Station, Ulhasnagar 421003
Punjab National Bank · ARMB Thane
Reserve price
₹2,35,00,000
EMD ₹23,50,000
Auction date
24 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Near Ulhasnagar Station
- ▸Reserve: ₹2,35,00,000
- ▸EMD: ₹23,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Near Ulhasnagar Station |
| Lender | Punjab National Bank |
| Branch | ARMB Thane |
| Unit / flat no. | Plot No. 445 |
| Building / society | Hotel Hiren Point Rest Bar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹24,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Near Ulhasnagar Station, Thane by Punjab National Bank — reserve price ₹2,35,00,000, Symbolic possession.
Participate in the upcoming bank auction property listing by Punjab National Bank featuring a prominent commercial hotel property with godown, known as 'Hotel Hiren Point Rest Bar'. Located strategically opposite CHM College and near Ulhasnagar Station in Thane, Maharashtra (421003), this commercial asset offers excellent investment potential. The property is situated on Plot No. 445, CTS No. 16627. The e-auction is scheduled for 2026-07-24 with a reserve price of ₹2,35,00,000 and an EMD of ₹23,50,000. This is a rare opportunity to acquire a commercial hotel unit in a busy locality. Interested bidders must complete the submission process by 2026-07-23. Contact PNB ARMB Thane branch for further details and site inspection.
GeoSquare note: The property is located in a high-visibility commercial area near a railway station and educational institute, providing strong business potential for a hotel or commercial venture. While the possession status is symbolic, the location in Ulhasnagar adds significant value for investors looking for commercial assets in Thane. The pricing is competitive for a property of this scale.
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