Representative illustration — Commercial Property bank auction in Gangapur Shivar
Representative illustration — not the actual property photograph.
Commercial Property Commercial Physical possession Prime Investment

Commercial Property for Auction Gangapur Shivar Nashik 11.1 Crore by Punjab National Bank

Gangapur Shivar, Nashik

Area: 5126 sq. mtrs

Dhruv Nagar, behind Motiwala College, off Gangapur-Satpur Link Road, Gangapur Shivar, Nashik-422007

Punjab National Bank · ARMB: Nashik

Reserve price

₹11,05,20,000

EMD ₹1,10,52,000

Auction date

08 Sep 2026, 11:00 AM

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Quick read

  • ▸Possession: Physical
  • ▸Area: 5126 sq. mtrs
  • ▸Locality: Gangapur Shivar
  • ▸Reserve: ₹11,05,20,000
  • ▸EMD: ₹1,10,52,000

Auction snapshot

PossessionPhysical
Property typeCommercial Property · Commercial
LocalityGangapur Shivar
Built-up / plot area5126 sq. mtrs
LenderPunjab National Bank
BranchARMB: Nashik
Building / societyDhruvtara A Wing and Dhruvtara B Wing
FloorG+S+7 and G+S+10 buildings
Auction typeSARFAESI Auction
Bid increment₹5,00,000
Service providerBAANKNET

About this property

Commercial Property bank auction in Gangapur Shivar, Nashik by Punjab National Bank — reserve price ₹11,05,20,000, 5126 sq. mtrs, Physical possession.

Participate in this premium bank auction property sale featuring commercial and housing buildings in Gangapur Shivar, Nashik. The asset includes two major complexes, Dhruvtara A Wing and B Wing, located strategically behind Motiwala College off the Gangapur-Satpur Link Road. This large-scale commercial property offers significant development and investment potential with a combined plot area exceeding 5000 sq. mtrs. The property is under the physical possession of the Punjab National Bank, ensuring a transparent acquisition process. With a reserve price of ₹11.05 Crore, this is a prime opportunity for investors looking to acquire a major real estate asset in a growing Nashik locality. Interested bidders must complete their EMD submission by 08-09-2026 to participate in the e-auction.

GeoSquare note: This property is a high-value commercial asset with physical possession, which significantly reduces acquisition risk for the buyer. Its strategic location in the developing hub of Gangapur Shivar, Nashik, combined with the scale of the G+S+7 and G+S+10 buildings, makes it an excellent opportunity for large-scale investors.

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