Representative illustration — Flat bank auction in Mudliyar Layout, Shanti Nagar
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

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

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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

PossessionSymbolic
Property typeFlat · Residential
LocalityMudliyar Layout, Shanti Nagar
Built-up / plot area51.57 sq. mtrs
LenderPunjab National Bank
BranchNagpur
Unit / flat no.502
Building / societyHawa Palace Apartment
Floor5th Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

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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