Flat for Auction Sadashiv Peth Navi Peth Pune 1.4 Crore by Punjab National Bank 29 Jun 2026
Sadashiv Peth/Navi Peth, Pune
CTS No. 541/1, Near Dnyan Prabodhini school, Off Laxmi Road, Sadashiv Peth/Navi Peth, Pune
Punjab National Bank · ARMB Pune
Reserve price
₹1,36,89,000
EMD ₹13,69,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Sadashiv Peth/Navi Peth
- ▸Reserve: ₹1,36,89,000
- ▸EMD: ₹13,69,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Sadashiv Peth/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 | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Sadashiv Peth/Navi Peth, Pune by Punjab National Bank — reserve price ₹1,36,89,000, Symbolic possession.
Discover an exceptional opportunity to acquire multiple residential flats in the prime Sadashiv Peth/Navi Peth area of Pune through a Punjab National Bank e-auction. Located at CTS No. 541/1, near Dnyan Prabodhini School, Off Laxmi Road, these flats (No. 2, 3, 4, and 5) offer significant investment potential in a highly sought-after residential locality. The auction features a reserve price of ₹13,689,000.00 and an EMD of ₹1,369,000.00, with bidding increments of ₹100,000. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 03:00 PM. This bank auction property is under symbolic possession. Note that the sale is subject to the outcome of legal proceedings (SA/187/2018, SA/214/2018, SA/240/2019) filed before DRT Pune. Don't miss this chance to invest in prime Pune real estate.
GeoSquare note: These residential flats are located in Sadashiv Peth/Navi Peth, Pune, a desirable central area. The auction offers multiple units which can be a good investment. However, the symbolic possession status and ongoing legal encumbrances (subject to DRT Pune outcomes) introduce a degree of risk and potential delay, hence a 'Fair Option' recommendation. The reserve price is competitive for the location, making it a viable option for informed investors willing to navigate the legal aspects.
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