Bike for Auction Shivaji Nagar Bhamburda Pune 0.8 Lakh by Union Bank of India 02 Jul 2026
Shivaji Nagar, Bhamburda, Pune
S. No. 1693-1B/C, Bhamburda, Shivaji Nagar, Pune-411030
Union Bank of India · Asset Recovery Branch : Pune
Reserve price
₹81,250
EMD ₹8,125
Auction date
02 Jul 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Locality: Shivaji Nagar, Bhamburda
- ▸Reserve: ₹81,250
- ▸EMD: ₹8,125
Auction snapshot
| Possession | Physical |
| Property type | Bike · Vehicle Auctions |
| Locality | Shivaji Nagar, Bhamburda |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch : Pune |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Bike bank auction in Shivaji Nagar, Bhamburda, Pune by Union Bank of India — reserve price ₹81,250, Physical possession.
Union Bank of India presents a repossessed Make-Hyosung bike for auction, specifically targeting registered scrappers. Located in Pune, this vehicle is offered with a reserve price of ₹81,250 and requires an Earnest Money Deposit (EMD) of ₹8,125. Inspection for this bank auction property is scheduled for June 24, 2026, with the e-auction taking place on July 2, 2026, from 12:00 PM to 05:00 PM. This is an exclusive opportunity for certified scrap dealers to acquire assets from M/s. Dsk Motowheels Pvt Ltd. Interested bidders must provide their Certificate of Registration as a 'Registered Scrapper'.
GeoSquare note: This vehicle auction, specifically for a Hyosung bike, represents a strong buying opportunity for its niche target audience: registered scrappers. While not a conventional 'property', for its intended market, the clear reserve price and physical possession status make it appealing. The location in Pune is a major hub, and the requirement for a 'Registered Scrapper' certificate ensures focused bidding from a qualified pool, potentially leading to good value acquisition.
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