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
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Pipla |
| Lender | Indian Overseas Bank |
| Branch | Regional Office |
| Unit / flat no. | 701 |
| Building / society | PYRAMID CITY III, Tower A |
| Floor | 7th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
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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