Flat for Auction Navi Peth Pune 1.4 Crore by Punjab National Bank
Navi Peth, Pune
CTS No. 541/1, Flat No. 2, 3, 4 and 5, Near Dnyan Prabodhini school, Off Laxmi Road, Navi Peth
Punjab National Bank · ARMB Pune
Reserve price
₹1,39,40,000
EMD ₹13,94,000
Auction date
02 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Navi Peth
- ▸Reserve: ₹1,39,40,000
- ▸EMD: ₹13,94,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Navi Peth |
| Lender | Punjab National Bank |
| Branch | ARMB Pune |
| Unit / flat no. | Flat No. 2, 3, 4 and 5 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Navi Peth, Pune by Punjab National Bank — reserve price ₹1,39,40,000, Symbolic possession.
Explore this prime bank auction property located in Navi Peth, Pune. Punjab National Bank is auctioning residential flats (Flat Nos. 2, 3, 4, and 5) situated at CTS No. 541/1, Near Dnyan Prabodhini school, Off Laxmi Road. This is a significant opportunity to invest in a well-connected locality of Pune. The auction offers a strategic investment potential. Interested buyers must note that the property is under symbolic possession and the sale is subject to the outcome of ongoing legal proceedings (SA/187/2018 & SA/214/2018). With a reserve price of ₹1,39,40,000 and an EMD of ₹13,94,000, this auction presents a notable chance for acquisition. Ensure you conduct thorough due diligence regarding the legal status before participating in the e-auction scheduled for 2026-09-02.
GeoSquare note: The property is located in a highly desirable area of Navi Peth, Pune, which adds significant value. However, the rating is moderated due to the 'Symbolic' possession status and the mentioned ongoing legal proceedings (DRT cases). It is a fair option for investors capable of managing legal due diligence.
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