Representative illustration — Commercial Building bank auction in Urli Kanchan
Representative illustration — not the actual property photograph.
Commercial Building Commercial Symbolic possession Fair Option

Commercial Building for Auction Urli Kanchan Pune 2.1 Crore by Punjab National Bank 26 Jun 2026

Urli Kanchan, Pune

Area: 59 Are

Gat No. 1001, Shree Mahalaxmi Heights, Village Urli Kanchan, Tal-Haveli, Pune-412202

Punjab National Bank · ARMB Pune

Reserve price

₹2,12,49,000

EMD ₹21,24,900

Auction date

26 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 59 Are
  • Locality: Urli Kanchan
  • Reserve: ₹2,12,49,000
  • EMD: ₹21,24,900

Auction snapshot

PossessionSymbolic
Property typeCommercial Building · Commercial
LocalityUrli Kanchan
Built-up / plot area59 Are
LenderPunjab National Bank
BranchARMB Pune
Building / societyShree Mahalaxmi Heights
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerPublic Auction

About this property

Commercial Building bank auction in Urli Kanchan, Pune by Punjab National Bank — reserve price ₹2,12,49,000, 59 Are, Symbolic possession.

Bank auction property! Up for auction is a commercial building located in Urli Kanchan, Haveli, Pune. The property, situated at Gat No. 1001 in Shree Mahalaxmi Heights, spans an area of approximately 59 Are (out of which 02 Are). This commercial building presents a great investment opportunity. The auction reserve price is ₹21249000.0, with an EMD of ₹2124900.0. Don't miss out on this chance to acquire a strategically located commercial property in a developing area. Seize the opportunity to invest in commercial real estate through this bank auction.

GeoSquare note: The property is a commercial building in a developing area of Pune, presenting a moderate investment opportunity. While the reserve price is considerable, the location and building type may offer potential for future appreciation. The symbolic possession status and lack of specific inspection dates are factors to consider before bidding.

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