Commercial Office for Auction Sadar Nagpur 20.2 Lakh by Union Bank of India
Sadar, Nagpur
Area: 19.65 sq. mtrs
Corporate Office No.111, Indira Arcade, Plot No 218, NMC House No. 257/F/9, Ward No. 67, City Survey No. 1591 & 1593, Sheet No. 4 & 17, 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
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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. | Corporate Office No.111 |
| 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.
Opportunity to purchase a commercial office space via bank auction in Nagpur. Located at Indira Arcade, Sadar, this 19.65 sq. mtrs property is situated in a prime commercial area near D-Krishna & Dharampeth Mahila Sahakari Bank. This bank auction property is available with physical possession taken by the Union Bank of India. Ideal for small businesses or professional setups, this commercial shop for sale in Sadar, Nagpur offers a strategic location. The e-auction is scheduled for 29.09.2026. Interested bidders must complete registration and KYC verification on the authorized portal before the auction date. Ensure all independent inquiries regarding encumbrances and title deeds are conducted prior to bidding.
GeoSquare note: The property is located in a high-demand commercial locality (Sadar, Nagpur) and has the benefit of physical possession. However, the high encumbrance amount (GST dues) linked to the property card requires thorough legal due diligence before bidding, which tempers the investment score.
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