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

Plot for Auction Temghar Thane 2.2 Crore by Punjab National Bank 30 Jun 2026

Temghar, Thane

Area: 6773.0 sq. ft.

Gala No. 155/1 & 155/2, Tahir Compound, Temghar, Bhiwandi. 421302

Punjab National Bank · ARMB Thane

Reserve price

₹2,15,73,000

EMD ₹21,57,300

Auction date

30 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 6773.0 sq. ft.
  • Locality: Temghar
  • Reserve: ₹2,15,73,000
  • EMD: ₹21,57,300

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityTemghar
Built-up / plot area6773.0 sq. ft.
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.Gala No. 155/1 & 155/2
Building / societyTahir Compound
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Plot bank auction in Temghar, Thane by Punjab National Bank — reserve price ₹2,15,73,000, 6773.0 sq. ft., Symbolic possession.

Discover a prime bank auction property in Bhiwandi, Thane, Maharashtra. This commercial Gala (No. 155/1 & 155/2) located in Tahir Compound, Temghar, offers a substantial built-up area of 4594 sq. ft. complemented by an additional 2179 sq. ft. mezzanine floor, totaling 6773 sq. ft. This industrial/commercial unit is ideal for businesses seeking significant operational space in a well-connected locality. Offered by Punjab National Bank with a reserve price of ₹2,15,73,000, this is a strategic investment opportunity. The e-auction is scheduled for June 30, 2026, from 11:00 AM to 04:00 PM. Interested bidders can secure this bank auction property with an EMD of ₹2,157,300 and a bid increment of ₹50,000. While possession is symbolic, the property's size and location in Bhiwandi make it a strong contender for various commercial ventures.

GeoSquare note: This commercial Gala in Bhiwandi presents a strong investment opportunity due to its substantial combined area (4594 sq ft + 2179 sq ft mezzanine) and location in an established industrial/commercial hub. The reserve price aligns with current market trends for such large units. Although possession is symbolic, the property's potential for commercial use and strategic location make it a compelling option for investors and businesses looking for bank auction properties in Thane.

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