Commercial Office for Auction Sadar Nagpur 20.2 Lakh by Union Bank of India 420170
Sadar, Nagpur
Area: 19.65 sq. mtrs
Office No.109, Indira Arcade, Plot No 218, NMC House No. 257/F/9, Ward No. 67, Mouza Sitabuldi, Sadar, Nagpur
Union Bank of India · Asset Recovery Branch
Reserve price
₹20,17,000
EMD ₹2,01,700
Auction date
29 Sep 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 19.65 sq. mtrs
- ▸Locality: Sadar
- ▸Reserve: ₹20,17,000
- ▸EMD: ₹2,01,700
Auction snapshot
| Possession | Physical |
| Property type | Commercial Office · Commercial |
| Locality | Sadar |
| Built-up / plot area | 19.65 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Office No. 109 |
| Building / society | Indira Arcade |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹21,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Sadar, Nagpur by Union Bank of India — reserve price ₹20,17,000, 19.65 sq. mtrs, Physical possession.
Explore this prime bank auction property located in the heart of Nagpur at Sadar. This commercial office space, situated on the first floor of the well-known Indira Arcade, spans a built-up area of 19.65 sq. mtrs. Perfect for business operations, this commercial unit is strategically located near D-Krishna & Dharampeth Mahila Sahakari Bank, offering excellent connectivity. The property is being sold by Union Bank of India under an e-auction process on 27-08-2026. With a reserve price of ₹20,17,000, this is a significant opportunity for investors looking to acquire commercial real estate in a central Nagpur location. Interested buyers must note the physical possession status and complete the e-auction registration requirements on baanknet.com well in advance. Don't miss this opportunity to invest in a commercial office in one of Nagpur's established commercial hubs.
GeoSquare note: The property is located in a prime commercial area of Nagpur (Sadar), which is a major positive. However, potential buyers should be cautious of the significant GST encumbrances noted on the property card and the ongoing litigation status, despite there being no stay order currently.
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