Representative illustration — Commercial Office bank auction in Bibewadi
Representative illustration — not the actual property photograph.
Commercial Office Commercial Symbolic possession Strong Buy

Commercial Office for Auction Bibewadi Pune 31.5 Lakh by Punjab National Bank

Bibewadi, Pune

Area: 195 sq. ft.

Office No. 8, 1st Floor, Sumeet Plaza, Plot No. E/29, E/30, E/31, Bibewadi (Mujari), Krushi Utpna Bazar Samiti Gultekdi, Teh Haveli, Pune 411037

Punjab National Bank · ARMB Pune

Reserve price

₹31,47,000

EMD ₹3,14,700

Auction date

24 Sep 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 195 sq. ft.
  • Locality: Bibewadi
  • Reserve: ₹31,47,000
  • EMD: ₹3,14,700

Auction snapshot

PossessionSymbolic
Property typeCommercial Office · Commercial
LocalityBibewadi
Built-up / plot area195 sq. ft.
LenderPunjab National Bank
BranchARMB Pune
Unit / flat no.Office No. 8
Building / societySumeet Plaza
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹21,000
Service providerBAANKNET

About this property

Commercial Office bank auction in Bibewadi, Pune by Punjab National Bank — reserve price ₹31,47,000, 195 sq. ft., Symbolic possession.

Invest in a prime commercial office space located at Sumeet Plaza, Bibewadi, Pune. This bank auction property, managed by Punjab National Bank, offers 195 sq. ft. of space on the 1st floor, making it an excellent opportunity for small businesses or professional setups. Situated in the well-connected area of Gultekdi/Bibewadi, this commercial shop/office is available at a competitive reserve price of ₹31.47 Lakhs. The property is currently under symbolic possession. Don't miss this chance to acquire a strategically located commercial asset in Pune through the upcoming e-auction. Interested buyers should note the auction date of 24th September 2026. Perfect for investors seeking high-visibility commercial real estate in Pune.

GeoSquare note: The property is located in a high-demand commercial pocket of Bibewadi, Pune, making it an attractive asset for professional use or rental income. While currently under symbolic possession, the competitive reserve price relative to the area's market value offers good potential for capital appreciation.

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