Representative illustration — Flat bank auction in Erandawane
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Erandawane Pune 55.8 Lakh by Punjab National Bank 27 Mar 2026

Erandawane, Pune

Area: 1063 sq. ft.

Flat No 2, on the 1st floor, Swagat Shilp Apartments/Condominium, land bearing Plot No. 2 out of Final Plot No. 50/2, bearing corresponding CTS No. 111/2, Erandawane, Pune

Punjab National Bank · ARMB

Reserve price

₹55,77,000

EMD ₹5,58,000

Auction date

27 Mar 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1063 sq. ft.
  • Locality: Erandawane
  • Reserve: ₹55,77,000
  • EMD: ₹5,58,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityErandawane
Built-up / plot area1063 sq. ft.
LenderPunjab National Bank
BranchARMB
Unit / flat no.Flat No. 2
Building / societySwagat Shilp Apartments/Condominium
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹5,00,000
Service providerBAANKNET

About this property

Flat bank auction in Erandawane, Pune by Punjab National Bank — reserve price ₹55,77,000, 1063 sq. ft., Symbolic possession.

Bank auction property in Erandawane, Pune! This residential flat in Swagat Shilp Apartments/Condominium offers 1063 sq. ft. of living space on the 1st floor. The property is part of a bank auction and has a reserve price of ₹18724000 with an EMD of ₹1873000. Don't miss this opportunity to own a property in a prime location. The auction is scheduled for March 27, 2026. Sale is subject to the outcome of SA no 453/2025 pending before DRT, Pune.

GeoSquare note: The property is a residential flat in a decent location in Erandawane, Pune. The reserve price seems reasonable, and the symbolic possession could present challenges. However, potential legal encumbrances (SA no 453/2025) could affect the property's value.

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