3,800 sq feet Industrial Plot for Auction in Bhiwandi, Thane – PNB

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

3,800 sq feet (≈ 3,800 sq ft)

Reserve price / sq ft

₹3,947

Locality

Bhiwandi

City

Thane

State

Maharashtra

Pincode

421302

Address

Bhiwandi, Maharashtra, 421302 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB THANE 832500

Auction type

Bank Auction

Borrower

NEAR T***** M****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 04:00 PM

EMD submission deadline

14 Oct 2026, 11:59 PM

Inspection

—

Authorised officer

Devakumara Y N

Officer contact

8095807705

E-auction portal

BAANKNET (Property ID PUNB83250265)

Price Check

This listing's reserve price works out to ₹3,947 per sq ft. The average across industrial bank auctions in Thane on our site is ₹2,720 per sq ft, so this one is 45% above 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNB83250265)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 14 Oct 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 15 Oct 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.