1,393 sq feet Factory for Auction in Village Usatane, Ambarnath, Thane – PNB

Property Details

Property type

Factory (Industrial)

Possession

Physical Possession

Area

1,393 sq feet (≈ 1,393 sq ft)

Reserve price / sq ft

₹1,260

Locality

Village Usatane, Ambarnath

City

Thane

State

Maharashtra

Pincode

421306

Address

village Usatane, Ambarnath, Maharashtra, 421306 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB MUMBAI CITY 604100

Auction type

SARFAESI Auction

Borrower

Keshar S****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 04:00 PM

EMD submission deadline

26 Nov 2026, 11:00 AM

Inspection

23 Nov 2026, 11:00 AM – 23 Nov 2026, 04:00 PM

Authorised officer

KASHIF ZUBAIR

Officer contact

8425981733

E-auction portal

BAANKNET (Property ID PUNBCS6041KESHA2)

Price Check

This listing's reserve price works out to ₹1,260 per sq ft. The average across industrial bank auctions in Thane on our site is ₹2,665 per sq ft, so this one is 53% 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 23 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBCS6041KESHA2)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 26 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.