Representative illustration — Commercial Property bank auction in Khandapur, Chincholi Road
Representative illustration — not the actual property photograph.
Commercial Property Commercial Physical possession Strong Buy

Commercial Property for Auction Khandapur Chincholi Road Mumbai 2.5 Crore by Union Bank of India 26 May 2026

Khandapur, Chincholi Road, Mumbai

Area: 19600 sq.mtr.

Commercial N.A plot No.01 and plot No.02 out of Gat No: 195 (part) G. P. No: 2086 and 2087 of Khandapur, Chincholi Road, Taluka & District Latur

Union Bank of India · Asset Recover Branch - Chhatrapati Sambhajinagar

Reserve price

₹2,47,10,000

EMD ₹24,71,000

Auction date

26 May 2026, 12:00 PM

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Quick read

  • Possession: Physical
  • Area: 19600 sq.mtr.
  • Locality: Khandapur, Chincholi Road
  • Reserve: ₹2,47,10,000
  • EMD: ₹24,71,000

Auction snapshot

PossessionPhysical
Property typeCommercial Property · Commercial
LocalityKhandapur, Chincholi Road
Built-up / plot area19600 sq.mtr.
LenderUnion Bank of India
BranchAsset Recover Branch - Chhatrapati Sambhajinagar
Unit / flat no.Plot No. 01 & 02
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Commercial Property bank auction in Khandapur, Chincholi Road, Mumbai by Union Bank of India — reserve price ₹2,47,10,000, 19600 sq.mtr., Physical possession.

Bank auction property! Seize this incredible opportunity to own a commercial N.A plot in Latur, Mumbai. Offered by Union Bank of India, this property boasts a substantial area of 19600 sq. mtrs, located on Khandapur, Chincholi Road. With a reserve price of ₹24710000.0 and an EMD of ₹2471000.0, this auction is your gateway to a lucrative investment. Don't miss out on acquiring this prime commercial shop for sale in a strategic location. Contact us today for more details and secure your future!

GeoSquare note: This commercial plot in Latur presents a strong investment opportunity given its substantial size and physical possession status. The reserve price is reasonable for the area, and the property's location on Chincholi Road adds to its appeal. While further due diligence is advised, the potential for commercial development makes this a worthwhile auction to consider.

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