Flat for Auction Erandwane Pune 4.2 Crore by Punjab National Bank 27 Mar 2026 4
Erandwane, Pune
Area: 715 sq. ft.
Flat No. 10, on the 3rd floor, Rachana Sanskruti, Sub Plot No. 1B out of Final Plot No. 117+121/2, now bearing CTS No. 85/2+83/1, village Erandwane, Taluka Haveli, District Pune
Punjab National Bank · ARMB
Reserve price
₹4,18,07,000
EMD ₹41,81,000
Auction date
27 Mar 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 715 sq. ft.
- ▸Locality: Erandwane
- ▸Reserve: ₹4,18,07,000
- ▸EMD: ₹41,81,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Erandwane |
| Built-up / plot area | 715 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Unit / flat no. | 10 |
| Building / society | Rachana Sanskruti |
| Floor | 3rd |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Erandwane, Pune by Punjab National Bank — reserve price ₹4,18,07,000, 715 sq. ft., Symbolic possession.
This bank auction property features a 715 sq. ft. flat located in Rachana Sanskruti, Erandwane, Pune. The flat, situated on the 3rd floor, includes a car parking space and an undivided share in common areas. The auction, conducted by Punjab National Bank, has a reserve price of ₹41807000.0 and an EMD of ₹4181000.0. This is a great opportunity to invest in a residential property in a prime location through a bank auction. Don't miss out on this chance to acquire a flat in Pune at a competitive price.
GeoSquare note: The property is a residential flat in a decent location in Pune, but the symbolic possession and pending legal issues (SA no 453/2025) add a layer of risk. The reserve price is relatively high considering the potential legal hurdles and posession status. Therefore, it's a fair option that requires careful due diligence.
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