Representative illustration — Flat bank auction in Wagholi
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Wagholi Pune 16.2 Lakh by Gic Housing Finance Ltd

Wagholi, Pune

Area: 580 sq. ft.

Flat-18, Second Floor, Manisha Mahal Building, Plot No. 6, Avhalwadi, Behind Sbi Nagar, Wagholi, Pune, Maharashtra - 412207

GIC Housing Finance Ltd. · Corporate Office

Reserve price

₹16,24,000

EMD ₹1,62,400

Auction date

07 Oct 2026, 03:00 PM

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Quick read

  • Possession: Physical
  • Area: 580 sq. ft.
  • Locality: Wagholi
  • Reserve: ₹16,24,000
  • EMD: ₹1,62,400

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityWagholi
Built-up / plot area580 sq. ft.
LenderGIC Housing Finance Ltd.
BranchCorporate Office
Unit / flat no.Flat-18
Building / societyManisha Mahal Building
FloorSecond
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerAuctionbazaar

About this property

Flat bank auction in Wagholi, Pune by GIC Housing Finance Ltd. — reserve price ₹16,24,000, 580 sq. ft., Physical possession.

Invest in a prime residential property with this bank auction in Wagholi, Pune. This 580 sq. ft. flat is located in Manisha Mahal Building, Avhalwadi, situated behind SBI Nagar. Being auctioned by GIC Housing Finance Ltd., this property offers an excellent opportunity for homebuyers and investors looking for affordable housing in a developing locality of Pune. The property is offered on an 'As is where is' basis. With a reserve price of ₹16,24,000 and an EMD of ₹1,62,400, this auction presents a transparent route to property ownership. Ensure you submit your bids before the deadline of 06-10-2026. Don't miss this chance to secure a well-located residential flat in Wagholi through a formal bank auction process.

GeoSquare note: This property is a strong buy due to its location in the rapidly developing area of Wagholi and its physical possession status, which significantly reduces transition risks. With a reasonable reserve price for a 580 sq. ft. unit and clear legal status regarding encumbrances, it represents a stable investment opportunity for end-users and investors alike.

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