Commercial Office for Auction Shivajinagar Pune 1.7 Crore by Debts Recovery Tribunal
Shivajinagar, Pune
Area: 1539 sq. ft.
Mayfair Tower II, Survey No 26, 27 and 28, Shivaji Nagar (Bhamburda), Pune
Debts Recovery Tribunal · Mumbai
Reserve price
₹1,74,00,000
EMD ₹17,40,000
Auction date
30 Sep 2026, 02:00 PM
Auction notice
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Quick read
- ▸Possession: Not Known
- ▸Area: 1539 sq. ft.
- ▸Locality: Shivajinagar
- ▸Reserve: ₹1,74,00,000
- ▸EMD: ₹17,40,000
Auction snapshot
| Possession | Not Known |
| Property type | Commercial Office · Commercial |
| Locality | Shivajinagar |
| Built-up / plot area | 1539 sq. ft. |
| Lender | Debts Recovery Tribunal |
| Branch | Mumbai |
| Unit / flat no. | Office No. 101 |
| Building / society | Mayfair Tower II |
| Floor | Second Floor |
| Auction type | DRT Auction |
| Bid increment | ₹5,00,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Commercial Office bank auction in Shivajinagar, Pune by Debts Recovery Tribunal — reserve price ₹1,74,00,000, 1539 sq. ft., Not Known possession.
Participate in the bank auction of a prime commercial office located in Mayfair Tower II, Shivajinagar, Pune. This spacious office, measuring 1539 sq. ft. on the second floor, is situated in a high-demand commercial area in Bhamburda. Ideal for business professionals and investors, this bank auction property offers a strategic location with excellent connectivity. The reserve price for this commercial asset is ₹1,74,00,000 with an EMD of ₹17,40,000. Don't miss this opportunity to acquire a premium commercial shop for sale through the e-auction process conducted by the State Bank of India. The auction is scheduled for 30th September 2026. Interested bidders are encouraged to verify the property details and participate within the stipulated timelines.
GeoSquare note: The property is located in the highly desirable Shivajinagar commercial hub of Pune, providing excellent investment potential for end-users or rental income. While the reserve price is significant, the location and building quality in Mayfair Tower justify the valuation. Investors should conduct standard due diligence regarding the physical possession status prior to bidding.
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