Flat for Auction Mudliyar Layout Shanti Nagar Nagpur 18 Lakh by Punjab National Bank
Mudliyar Layout, Shanti Nagar, Nagpur
Area: 51.57 sq. mtrs
Flat No. 502, Hawa Palace Apartment, Mudliyar Layout, Shanti Nagar, Mouza-Binaki, Nagpur
Punjab National Bank · Nagpur
Reserve price
₹18,00,000
EMD ₹1,80,000
Auction date
17 Sep 2026, 11:00 AM
Auction notice
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Bid form
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Quick read
- ▸Possession: Symbolic
- ▸Area: 51.57 sq. mtrs
- ▸Locality: Mudliyar Layout, Shanti Nagar
- ▸Reserve: ₹18,00,000
- ▸EMD: ₹1,80,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Mudliyar Layout, Shanti Nagar |
| Built-up / plot area | 51.57 sq. mtrs |
| Lender | Punjab National Bank |
| Branch | Nagpur |
| Unit / flat no. | 502 |
| Building / society | Hawa Palace Apartment |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Mudliyar Layout, Shanti Nagar, Nagpur by Punjab National Bank — reserve price ₹18,00,000, 51.57 sq. mtrs, Symbolic possession.
Participate in the bank auction of a prime residential flat located in Hawa Palace Apartment, Mudliyar Layout, Binaki, Nagpur. This bank auction property offers an excellent investment opportunity in a well-established neighborhood. The flat is situated on the 5th floor with a total area of 51.57 Sq. Mtrs (approx. 555.10 Sq. Ft.). With a competitive reserve price of ₹18,00,000, this property is ideal for homebuyers and investors looking for affordable real estate in Nagpur. The auction is being conducted by Punjab National Bank under the SARFAESI Act. Interested bidders must submit the EMD of ₹1,80,000 by 16-09-2026. Don't miss this chance to acquire a residential property in the heart of Nagpur Municipal Corporation limits.
GeoSquare note: The property is located in a well-connected area of Nagpur within the municipal limits, offering good residential value. The reserve price is attractively positioned for the size of the flat. While the possession status is symbolic, which requires legal follow-up, the investment potential remains high due to its prime location.
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