Commercial Office for Auction Sadar Nagpur 51.9 Lakh by Union Bank of India
Sadar, Nagpur
Area: 50.59 sq. mtrs
Corporate Office No.112, 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
₹51,93,000
EMD ₹5,19,300
Auction date
29 Sep 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 50.59 sq. mtrs
- ▸Locality: Sadar
- ▸Reserve: ₹51,93,000
- ▸EMD: ₹5,19,300
Auction snapshot
| Possession | Physical |
| Property type | Commercial Office · Commercial |
| Locality | Sadar |
| Built-up / plot area | 50.59 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Corporate Office No. 112 |
| Building / society | Indira Arcade |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹52,000 |
| Service provider | BAANKNET |
About this property
Commercial Office bank auction in Sadar, Nagpur by Union Bank of India — reserve price ₹51,93,000, 50.59 sq. mtrs, Physical possession.
Explore this prime bank auction property featuring a commercial office space for sale in Sadar, Nagpur. Located in the prominent 'Indira Arcade' building, this 50.59 sq. mtrs office on the first floor offers excellent business potential. The property is being auctioned by Union Bank of India under physical possession. With a reserve price of ₹51,93,000, this is an excellent opportunity for investors looking for commercial assets in a strategic Nagpur locality. Participate in the upcoming e-auction on 29-09-2026 via the official bank portal. Interested buyers are advised to conduct independent due diligence regarding encumbrances and title. Don't miss this chance to acquire a well-located office space in one of Nagpur's key commercial hubs.
GeoSquare note: The property is located in a prime commercial area (Sadar, Nagpur) with physical possession, which adds security. However, investors must be cautious due to the significant GST encumbrance mentioned on the property card, which may require legal clearance. Due diligence is highly recommended before bidding.
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