Flat for Auction Erandwane Pune 4.2 Crore by Punjab National Bank 27 Mar 2026
Erandwane, Pune
Area: 490 sq. ft.
Flat No. 9, on the 3rd floor, building known as 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: 490 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 | 490 sq. ft. |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Unit / flat no. | 9 |
| Building / society | Rachana Sanskruti |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Flat bank auction in Erandwane, Pune by Punjab National Bank — reserve price ₹4,18,07,000, 490 sq. ft., Symbolic possession.
Bank auction property: A residential flat located on the 3rd floor of Rachana Sanskruti in Erandwane, Haveli, Pune, is up for auction. This 490 sq. ft. flat includes a parking space and is part of a secured asset sale by Punjab National Bank. The reserve price is ₹41,807,000 with an EMD of ₹4,181,000. The e-auction is scheduled for March 27, 2026. This bank auction offers a unique opportunity to acquire property in a prime location. Note: Sale is subject to the outcome of SA no 453/2025 pending before DRT, Pune.
GeoSquare note: The property is a flat in a decent location with a symbolic possession status. The reserve price is high, and the pending legal case (SA no 453/2025) adds uncertainty. It might be a fair option for those familiar with the area and willing to take on the legal risk, but a thorough due diligence is crucial.
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