Representative illustration — Land bank auction in Andhalgaon
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Strong Buy

Land for Auction Andhalgaon Pune 5.4 Crore by Union Bank of India

Andhalgaon, Pune

Area: 20000.0 sq. mtrs

Village Andhalgaon, Taluka- Shirur, Dist-Pune, Maharashtra

Union Bank of India · Asset Recovery Branch

Reserve price

₹5,40,00,000

EMD ₹54,00,000

Auction date

28 Jul 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 20000.0 sq. mtrs
  • Locality: Andhalgaon
  • Reserve: ₹5,40,00,000
  • EMD: ₹54,00,000

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityAndhalgaon
Built-up / plot area20000.0 sq. mtrs
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Gat No. 114/4 and Gat No. 114/3
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Land bank auction in Andhalgaon, Pune by Union Bank of India — reserve price ₹5,40,00,000, 20000.0 sq. mtrs, Symbolic possession.

Discover a significant bank auction property: a vast NA land parcel totaling 20000 sq. mtrs (Property A: 12000 sq. mtrs, Property B: 8000 sq. mtrs) located at Village Andhalgaon, Taluka Shirur, Dist-Pune, Maharashtra. This prime land, comprising Gat No. 114/4 and Gat No. 114/3, is being auctioned by Union Bank of India. With a reserve price of ₹54,000,000 and an EMD of ₹5,400,000, this land for sale offers excellent potential for commercial or industrial development. Its strategic location is enhanced by boundaries including Shirur-Satara Road and Ranjangaon Road, ensuring accessibility. The e-auction is scheduled for July 28, 2026, from 12:00 PM to 05:00 PM. This is a robust opportunity for investors seeking a substantial plot in a growing region of Pune through a secure bank auction.

GeoSquare note: This land property in Shirur, Pune, offers excellent investment potential due to its substantial size (20000 sq. mtrs) and strategic location with good road connectivity. The area of Andhalgaon is poised for growth, making this a prime candidate for development. While the possession status is symbolic, the attractive reserve price and the overall market demand for land in Pune's periphery positions this as a strong buy for long-term appreciation.

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