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Commercial Plot in Thane, Maharashtra

Thane, Maharashtra

This commercial property in Thane, Maharashtra is up for auction by Punjab National Bank, at a reserve price of ₹44.64 Cr. The stated extent is 4,022 sq yd. An earnest-money deposit of ₹4.46 Cr is due by 3 Nov 2026, 04:00 PM IST. Bidding opens on 3 Nov 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹44.64 Cr
Auction starts
3 Nov 2026, 11:00 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹44.64 Cr
EMD amount₹4.46 Cr
Auction starts3 Nov 2026, 11:00 AM IST
Auction ends3 Nov 2026, 04:00 PM IST
EMD deadline3 Nov 2026, 04:00 PM IST
BankPunjab National Bank
BranchSAMB MUMBAI - 835600
Property typeCommercial
Sub typePlot
Extent4,022 sq yd
PIN code400602
StatusUpcoming
Bank property IDPUNBSAMBSUPERMAX1
Type of auctionUnder SARFAESI
PossessionSymbolic
Borrower addressOpposite Eternity Mall, Mumbai Agra Road, Naupada, PO Wagle Industrial Estate, Thane(W) - 400 604.
Authorised officerNIRAJ MAHALKA (Authorised Officer - Scale - IV - CM)
Inspection contactNIRAJ MAHALKA · 9883975370
Bid increment₹5,000,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens17 Oct 2026, 16:57

Legal description

• Equitable Mortgage of Property at S No 29, Hissa No 1/1, Takka No. 2, 21 CTS No. 39 and Survey No. 29, Hissa No. 1/3(part), CTS No. 45, Panama Quarters, Sant Namdeo Path, Near Ice Factory, Naupada Village, Thane-West – 400602 (Mah.) in the name of M/s Vidyut Metallics Pvt. Ltd. adm. 4022.22 Square Yards (i.e. 3362.58 Square Meters)

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.