Representative illustration — Plot bank auction in Vaitarnanagar, Khaniwali Naka
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Vaitarnanagar Khaniwali Naka Palghar 1.3 Crore by Punjab National Bank

Vaitarnanagar, Khaniwali Naka, Palghar

Area: 10100 sq. mtrs.

Gat No. 205, near Chavan Farm House, Khaniwali Naka, Adjegaon Vaitarnanagar Road, Village Vaitarnanagar, Tal. Wada, Dist. Palghar-421303

Punjab National Bank · ARMB Thane

Reserve price

₹1,32,00,000

EMD ₹13,20,000

Auction date

30 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 10100 sq. mtrs.
  • Locality: Vaitarnanagar, Khaniwali Naka
  • Reserve: ₹1,32,00,000
  • EMD: ₹13,20,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityVaitarnanagar, Khaniwali Naka
Built-up / plot area10100 sq. mtrs.
LenderPunjab National Bank
BranchARMB Thane
Unit / flat no.Gat No. 205
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Plot bank auction in Vaitarnanagar, Khaniwali Naka, Palghar by Punjab National Bank — reserve price ₹1,32,00,000, 10100 sq. mtrs., Symbolic possession.

Invest in a prime land auction opportunity with Punjab National Bank! This expansive 10100 sq. mtrs. Varkas NA Open Plot, bearing Gat No. 205, is ideally located in Vaitarnanagar, Taluka Wada, Palghar, Maharashtra. Situated near Chavan Farm House, Khaniwali Naka, and Adjegaon Vaitarnanagar Road, this bank auction property offers significant development potential. The e-auction is scheduled for June 30, 2026, from 11:00 AM to 04:00 PM, with a competitive reserve price of ₹13,200,000 and an EMD of ₹1,320,000. Don't miss this chance to acquire valuable land in a growing region. Contact Punjab National Bank for more details.

GeoSquare note: This large NA land parcel in Wada, Palghar, offers significant long-term investment potential due to its size (10100 sq. mtrs.) and suitability for various development projects. The location in the Palghar district is a plus, given its proximity to major urban centers and ongoing infrastructure development, making the reserve price of ₹1.32 Crores reasonable. However, the 'Symbolic' possession status introduces a degree of risk and potential delays for the buyer in gaining full control, slightly lowering its immediate investment appeal.

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