Shop for auction 1 Balaji Plaza, Pune by Canara Bank

Discover a promising commercial warehouse opportunity situated in the bustling area of Ambernath, Thane. This property, identified as D-07 (Godown) on the Ground Floor of Building D within Balaji Plaza, spans a generous 1327 Sq. Ft. Its strategic location on the Usatane Kalyan Road, Village Usatane, places it within a key industrial and logistical corridor of Maharashtra. The property boasts convenient access to major transport routes and benefits from the surrounding commercial activity of Ambernath, a rapidly developing part of the Thane district. It is bordered by 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, indicating its accessibility and visibility. With physical possession confirmed, this commercial asset offers considerable potential for various business operations, storage, or investment purposes, making it an attractive proposition for budding entrepreneurs and seasoned investors alike.

This presents a significant opportunity to acquire a commercial warehouse property located in Ambernath, Thane, Maharashtra, through a SARFAESI auction conducted by Canara Bank. The auction process is straightforward, with a clearly defined reserve price of INR 1,881,000.00 and an Earnest Money Deposit (EMD) of INR 188,100.00, representing 10% of the reserve price, which is standard practice. Interested buyers must submit their applications by July 30, 2025, before 5:00 PM to participate. The auction itself will take place on July 31, 2025, running from 11:00 AM to 1:00 PM. This is an excellent chance for new buyers to enter the commercial real estate market, particularly in a developing industrial and residential hub like Ambernath, known for its connectivity and growing infrastructure. Potential buyers are encouraged to conduct thorough due diligence on the property and review all auction documents provided by the service provider, BAANKNET.