Commercial Office for Auction Kothrud Pune 1.9 Crore by Punjab National Bank
Kothrud, Pune
Area: 35.75 Sq Mtrs
Office No. 811, 8th floor, Siddhartha Tower, Premises no. 1, CTS No. 421, S No. 12/ 3B, Kothrud, Pune 411038.
Punjab National Bank · ARMB Pune
Reserve price
₹1,91,49,000
EMD ₹19,15,000
Auction date
17 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 35.75 Sq Mtrs
- ▸Locality: Kothrud
- ▸Reserve: ₹1,91,49,000
- ▸EMD: ₹19,15,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Office · Commercial |
| Locality | Kothrud |
| Built-up / plot area | 35.75 Sq Mtrs |
| Lender | Punjab National Bank |
| Branch | ARMB Pune |
| Unit / flat no. | Office No. 811 |
| Building / society | Siddhartha Tower |
| Floor | 8th floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Kothrud, Pune by Punjab National Bank — reserve price ₹1,91,49,000, 35.75 Sq Mtrs, Symbolic possession.
Discover a prime commercial office space available for bank auction in the bustling Kothrud area of Pune, Maharashtra. This 8th-floor office, Office No. 811, spanning 35.75 Sq Mtrs, is located in the well-known Siddhartha Tower. Ideal for businesses seeking a strategic presence, this property offers excellent investment potential. The e-auction by Punjab National Bank is scheduled for July 26, 2024, with a reserve price of ₹1,91,49,000. Interested buyers can inspect the property on July 16, 2024. Don't miss this opportunity to acquire a valuable commercial bank auction property in Pune's sought-after Kothrud locality.
GeoSquare note: This commercial office in Siddhartha Tower, Kothrud, Pune, benefits from a good location and is a decent size for an office. However, the symbolic possession status and the ongoing legal encumbrance (SA No 235/2024) introduce a degree of risk. The reserve price seems competitive for the area, but potential buyers should factor in the legal complexities before bidding.
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