Commercial Building for Auction Mangalwar Peth Pune 8.3 Lakh by Bank of India 28 May 2026
Mangalwar Peth, Pune
Area: 62.00 sq fts
Shop no 18, building no B wing B1, lower ground floor, Evolet Tiara, Land bearing CTS NO 423, tps II FINAL PLOT NO 28/a11 & 28/a/2, Mangalwar Peth
Bank of India · Pune recovery branch
Reserve price
₹8,32,000
EMD ₹85,000
Auction date
28 May 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 62.00 sq fts
- ▸Locality: Mangalwar Peth
- ▸Reserve: ₹8,32,000
- ▸EMD: ₹85,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | Mangalwar Peth |
| Built-up / plot area | 62.00 sq fts |
| Lender | Bank of India |
| Branch | Pune recovery branch |
| Unit / flat no. | 18 |
| Building / society | Evolet Tiara |
| Floor | Lower Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Building bank auction in Mangalwar Peth, Pune by Bank of India — reserve price ₹8,32,000, 62.00 sq fts, Physical possession.
Bank auction property! A commercial shop for sale in the well-located Evolet Tiara, Mangalwar Peth, Pune. This shop, with a carpet area of 62.00 sq fts, is situated on the lower ground floor (Shop No 18).The e-auction is scheduled for 2026-05-28, with a reserve price of ₹832000.0 and an EMD of ₹85000.0. Inspection available on 2026-05-21. Don't miss this opportunity to acquire a commercial space in a prime location through a bank auction.
GeoSquare note: The property is a small commercial shop in a densely populated area of Pune. The lower reserve price makes it somewhat appealing, but the small size and potential encumbrances affect its overall investment value. Physical possession is a plus, but further due diligence is necessary.
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.