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Industrial Plot SARFAESI Auction Physical Possession

1,275 sq feet Industrial Plot for Auction in Ulhasnagar, Thane – PNB

Ulhasnagar, Thane, Maharashtra · Auction ID #100039

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Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 1
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 2
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 3
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 4
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 5
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 6
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 7
Industrial Plot for auction in Ulhasnagar, Thane – PNB – photo 8
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Reserve Price ₹23,49,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 03 Nov 2026, 11:00 AM
EMD Last Date 02 Nov 2026, 11:59 PM
Area1,275 sq feet
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Physical Possession
Area
1,275 sq feet (≈ 1,275 sq ft)
Reserve price / sq ft
₹1,842
Locality
Ulhasnagar
City
Thane
Pincode
421002
Address
ULHASNAGAR, Maharashtra, 421002 View on map

Description (as per sale notice)

All Piece and Parcel of land with construction in Industrial Galla No. 107, 1st Floor, Kohinoor Industrial Estate “A”, constructed on piece and parcel of land/plot bearing U. No. 26(part), Sheet No. 14, situated near Bk. No. 957, Station Road, Ulhasnagar -3, Thane- 421003. Admeasuring area about 1275 sq.ft super built up in the name of Mr. Ravi Rameshlal Kashwani.

BAANKNET Property ID: PUNBBALAJI
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Bank & Auction Details

Branch
ARMB MUMBAI WESTERN444400
Auction type
SARFAESI Auction
Borrower
BALAJI T*****
Auction start
03 Nov 2026, 11:00 AM
Auction end
03 Nov 2026, 04:00 PM
EMD submission deadline
02 Nov 2026, 11:59 PM
Inspection
21 Oct 2026, 07:00 PM – 02 Nov 2026, 07:29 PM
Authorised officer
Ranjan kumar
Officer contact
9501632381
E-auction portal
BAANKNET (Property ID PUNBBALAJI)
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Price Check

This listing's reserve price works out to ₹1,842 per sq ft. The average across industrial bank auctions in Thane on our site is ₹2,665 per sq ft, so this one is 31% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 21 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNBBALAJI)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 02 Nov 2026, 11:59 PM. It is refunded if you don't win.
  5. Bid online on 3 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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