Bike for Auction Shivaji Nagar Bhamburda Pune 0.9 Lakh by Union Bank of India 02 Jul 2026
Shivaji Nagar, Bhamburda, Pune
S. No. 1693-1B/C, Bhamburda, Shivaji Nagar, Pune-411 030
Union Bank of India · Asset Recovery Branch : Pune
Reserve price
₹91,000
EMD ₹9,100
Auction date
02 Jul 2026, 12:00 PM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Locality: Shivaji Nagar, Bhamburda
- ▸Reserve: ₹91,000
- ▸EMD: ₹9,100
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 ₹91,000, Physical possession.
Participate in the Union Bank of India vehicle auction for various used bikes and scooters (Make-Hyosung, Make-Benelli) located in Pune. This bank auction features multiple items, including specific bikes with a reserve price of ₹91,000.0. The auction is exclusively for registered scrappers, as per Motor Vehicle (Registration and Function of Vehicle Scraping Facility) Rules 2022. Earnest Money Deposit (EMD) is 10% of the reserve price. Physical possession is available. The e-auction is scheduled for July 2, 2026, with an inspection date on June 24, 2026. A great opportunity for certified vehicle scrappers to acquire assets from M/s. Dsk Motowheels Pvt Ltd. in Shivaji Nagar, Bhamburda, Pune.
GeoSquare note: This auction presents an opportunity for a specific market segment, namely registered vehicle scrappers, due to the mandatory requirement. The physical possession of the vehicles is a positive aspect. The relatively low reserve price for distressed assets can be appealing to eligible bidders, though the overall investment appeal is limited to specialized buyers. For non-scrappers, this is an unsuitable auction.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.