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

Flat for Auction Mahendranagar Nagpur 19.1 Lakh by Punjab National Bank

Mahendranagar, 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, Mahendranagar

Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH

Reserve price

₹19,15,000

EMD ₹1,91,500

Auction date

04 Aug 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Locality: Mahendranagar
  • Reserve: ₹19,15,000
  • EMD: ₹1,91,500

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityMahendranagar
LenderPunjab National Bank
BranchASSET RECOVERY MANAGEMENT BRANCH
Unit / flat no.Apartment No 305
Building / societyHitesh Vihar -II
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Flat bank auction in Mahendranagar, Nagpur by Punjab National Bank — reserve price ₹19,15,000, Physical possession.

Explore this bank auction property featuring a 3rd-floor residential flat located in Hitesh Vihar-II, Mahendranagar, Nagpur. Offered by Punjab National Bank, this property (Apartment No 305) is situated in a well-connected locality of Nagpur, Maharashtra. With a reserve price of ₹19,15,000 and an EMD of ₹1,91,500, this auction represents a significant investment opportunity for homebuyers. The property benefits from physical possession by the bank, ensuring a transparent transaction process. Ideal for those looking for residential real estate in Nagpur, the e-auction is scheduled for August 4, 2026. Don't miss this opportunity to acquire a flat through a secure bank auction process.

GeoSquare note: This property is a strong investment option due to its residential nature and the bank holding physical possession, which significantly lowers acquisition risk. Located in the established area of Mahendranagar, Nagpur, the reserve price is competitively set for a 3rd-floor unit, making it an attractive choice for end-users and investors alike.

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