Representative illustration — Flat bank auction in Hanuman Nagar
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Hanuman Nagar Nagpur 32.4 Lakh by Union Bank of India 420161

Hanuman Nagar, Nagpur

Area: 550.272 sq. ft.

Flat no 405, 4th Floor, Maharaja Tower, Krida Square, Hanuman Nagar, Nagpur

Union Bank of India · Regional Office

Reserve price

₹32,40,000

EMD ₹3,24,000

Auction date

29 Sep 2026, 12:00 PM

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Quick read

  • ▸Possession: Physical
  • ▸Area: 550.272 sq. ft.
  • ▸Locality: Hanuman Nagar
  • ▸Reserve: ₹32,40,000
  • ▸EMD: ₹3,24,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityHanuman Nagar
Built-up / plot area550.272 sq. ft.
LenderUnion Bank of India
BranchRegional Office
Unit / flat no.Flat no 405
Building / societyMaharaja Tower
Floor4th Floor
Auction typeSARFAESI Auction
Bid increment₹33,000
Service providerBAANKNET

About this property

Flat bank auction in Hanuman Nagar, Nagpur by Union Bank of India — reserve price ₹32,40,000, 550.272 sq. ft., Physical possession.

Explore this bank auction property in Nagpur, featuring a residential flat for sale located in the well-known Maharaja Tower, Krida Square, Hanuman Nagar. This 4th-floor flat offers a built-up area of approx 550 sq. ft. and is being sold under the SARFAESI Act. The auction is conducted by Union Bank of India on an 'As is where is' basis. With a reserve price of ₹32.40 Lakhs, this is an excellent opportunity for home buyers and investors looking for a prime residential unit in a strategic Nagpur locality. Ensure you review all terms, including the outstanding maintenance dues, before participating in the e-auction on the official portal.

GeoSquare note: This property is a strong buy due to its location in the established Hanuman Nagar area of Nagpur and the bank's confirmed physical possession status. While there are minor outstanding maintenance dues, the reserve price is competitive for a residential flat, making it a viable prime investment.

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