Shop for auction 1 Balaji Plaza, Pune by Canara

This strategically located commercial property, identified as D-04 (Godown), is situated on the Ground Floor of Building D in Balaji Plaza, Ambernath, Thane. Spanning 1334 sq. ft., this warehouse offers significant potential for various commercial ventures, benefiting from its position in a region experiencing consistent growth. The property is part of a well-defined plot with boundaries including Assam Bombay Company to the North, Ruturaj Hotel to the South, an open plot to the East, and the Khoni Taloja Road to the West. The physical possession of the property is confirmed, adding to its appeal. Ambernath, a key area within the Thane district, provides excellent connectivity and access to a burgeoning market, making this an attractive proposition for investors and businesses looking to establish or expand their operations in Maharashtra.

Prospective buyers are invited to participate in an upcoming SARFAESI auction conducted by Canara Bank for a commercial warehouse property located in Ambernath, Thane, Maharashtra. This presents a valuable opportunity to acquire commercial space in a developing industrial and residential hub. The auction process is straightforward, requiring interested parties to submit their applications by July 30, 2025, 05:00 PM. The property will be auctioned on July 31, 2025, with bidding open from 11:00 AM to 01:00 PM. A crucial initial step is the payment of the Earnest Money Deposit (EMD) of ₹183,600.00, which is 10% of the reserve price. The reserve price for this asset is set at ₹1,836,000.00. For detailed inquiries and to understand the terms and conditions, potential bidders can contact Mr. Sudrashan Joshi at 8655948054 or Mr. Kundan Kumar at 8825313343. It is highly recommended to thoroughly review all auction documents and conduct due diligence before participating.