Flat for Auction Mahendra Nagar Nagpur 19.1 Lakh by Punjab National Bank
Mahendra Nagar, Nagpur
Apartment No 305, 3rd Floor, Hitesh Vihar –II, City Survey No. 58, Sheet No. 488/12, Mouja Benaki, Ward No. 43, NMC House No.1559/E/252 & 1559/E/253, Pachpoli Housing & Accommodation Scheme of NIT, Mahendra Nagar, Nagpur
Punjab National Bank · Nagpur
Reserve price
₹19,15,000
EMD ₹1,91,500
Auction date
02 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Mahendra Nagar
- ▸Reserve: ₹19,15,000
- ▸EMD: ₹1,91,500
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Mahendra Nagar |
| Lender | Punjab National Bank |
| Branch | Nagpur |
| Unit / flat no. | Apartment No 305 |
| Building / society | Hitesh Vihar –II |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Mahendra Nagar, Nagpur by Punjab National Bank — reserve price ₹19,15,000, Symbolic possession.
Participate in the bank auction for a residential flat located in Hitesh Vihar–II, Mahendra Nagar, Nagpur. This property, owned by Shri Gatav Abhiman Borkar, is an Apartment No 305 on the 3rd floor, situated in a prime locality under the Pachpoli Housing & Accommodation Scheme of NIT. With a reserve price of ₹19,15,000 and an EMD of ₹1,91,500, this auction presents an excellent opportunity for homebuyers and investors. The e-auction is scheduled for September 2, 2026, managed by Punjab National Bank, Asset Recovery Management Branch. Ensure you complete your e-KYC and EMD submission by September 1, 2026, to participate. Don't miss this chance to acquire residential property in Nagpur through a transparent bank auction process.
GeoSquare note: The property is located in an established NIT housing scheme in Nagpur, offering good residential potential at an accessible reserve price. While the possession status is currently symbolic, the clear title details and the reputable bank backing make this a strong buy for investors looking for value. It is recommended to perform due diligence on the physical occupancy before the auction date.
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