Bike for Auction Pune Pune 0.7 Lakh by Union Bank of India 02 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Locality: Pune
• ▸Reserve: ₹71,500
• ▸EMD: ₹7,150

About this property

Bike bank auction in Pune, Pune by Union Bank of India — reserve price ₹71,500, Physical possession.

Participate in the Union Bank of India e-auction for a repossessed Benelli Scooter, available at a reserve price of ₹71,500. This bank auction property, located in Pune, offers a potential investment opportunity for a two-wheeler. The vehicle is offered with physical possession on an 'As Is Where Is & As Is What Is Basis'. The e-auction is scheduled for July 2, 2026, with an inspection date on June 24, 2026. Interested bidders must submit an EMD of ₹7,150 by July 1, 2026. Contact Union Bank of India, Asset Recovery Branch, Pune for more details on this vehicle auction.

GeoSquare note: This auction is for a Benelli Scooter, a specific vehicle, rather than a traditional real estate property. While the reserve price of ₹71,500 is reasonable for a scooter, the 'As Is Where Is' condition implies potential risks regarding the vehicle's state. The physical possession is a positive. It's a fair option for someone specifically looking for a scooter through a bank auction, but not a prime investment in the broader sense.