Commercial Office for Auction Sadar Nagpur 50.4 Lakh by Union Bank of India
Sadar, Nagpur
Area: 49.10 sq. mtrs
Indira Arcade, Plot No 218, NMC House No 257/F/9, Ward No. 67, City Survey No. 1591 & 1593, Sheet No 14 & 17, Mouza Sitabuldi, Sadar, Nagpur
Union Bank of India · Asset Recovery Branch
Reserve price
₹50,40,000
EMD ₹5,04,000
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 49.10 sq. mtrs
- ▸Locality: Sadar
- ▸Reserve: ₹50,40,000
- ▸EMD: ₹5,04,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Office · Commercial |
| Locality | Sadar |
| Built-up / plot area | 49.10 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Corporate Office CO108 |
| Building / society | Indira Arcade |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹51,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Sadar, Nagpur by Union Bank of India — reserve price ₹50,40,000, 49.10 sq. mtrs, Physical possession.
Excellent opportunity to acquire a commercial office space through a bank auction in Nagpur. Located at Indira Arcade in the prominent Sadar locality, this commercial office (CO108) features an area of 49.10 sq. mtrs on the first floor. This bank auction property is situated near key landmarks like D-Krishna and Dharmapeth Mahila Sahakari Bank. With physical possession taken by the Union Bank of India, this commercial shop for sale offers a strategic investment in a prime area of Nagpur. The auction is scheduled for 29.09.2026 with a reserve price of ₹50,40,000. Interested bidders should conduct independent due diligence regarding encumbrances and title before participating in this E-Auction.
GeoSquare note: The property is located in a prime commercial area of Sadar, Nagpur, and comes with physical possession. However, the presence of a significant GST encumbrance (over 2.26 Cr) noted on the property card requires careful legal scrutiny before bidding to ensure clear title transfer.
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