Representative illustration — Flat bank auction in Pipla
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Pipla Nagpur 48.6 Lakh by Indian Overseas Bank 26 May 2026

Pipla, Nagpur

Apartment No. 701, 7th Floor, PYRAMID CITY III, Tower A, Village-Pipla, Tahsil - Nagpur (Rural), District-Nagpur-440034

Indian Overseas Bank · Regional Office

Reserve price

₹48,62,700

EMD ₹4,86,270

Auction date

26 May 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Locality: Pipla
  • Reserve: ₹48,62,700
  • EMD: ₹4,86,270

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityPipla
LenderIndian Overseas Bank
BranchRegional Office
Unit / flat no.701
Building / societyPYRAMID CITY III, Tower A
Floor7th Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Flat bank auction in Pipla, Nagpur by Indian Overseas Bank — reserve price ₹48,62,700, Symbolic possession.

Bank auction property! This residential flat is located on the 7th floor of Pyramid City III, Tower A, in Pipla, Nagpur. The property features Apartment No. 701 with boundaries clearly defined. Indian Overseas Bank offers this opportunity with a reserve price of ₹4862700.0 and an EMD of ₹486270.0. The e-auction is scheduled for 2026-05-26 from 11:00 AM to 03:00 PM. Don't miss this opportunity to invest in a prime Nagpur location through a bank auction property. Contact Mr. Nandakumar Karande at 8925951425 for more details.

GeoSquare note: The property is a residential flat in Nagpur offered at a reserve price of ₹4862700.0 with symbolic possession. While the location is good, the symbolic possession might deter some investors. The fair rating reflects the potential for value appreciation balanced with the possible challenges of symbolic possession.

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