Land for Auction Medankarwadi Chakan Pune 1.2 Crore by Union Bank of India
Medankarwadi, Chakan, Pune
Area: 6380 sq. ft.
New Gat No.423 (Old Gat No.2018), Plot No.06, Village Medankarwadi, Chakan, Tal Khed
Union Bank of India · Asset Recovery Branch
Reserve price
₹1,23,00,000
EMD ₹12,30,000
Auction date
27 Aug 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 6380 sq. ft.
- ▸Locality: Medankarwadi, Chakan
- ▸Reserve: ₹1,23,00,000
- ▸EMD: ₹12,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Medankarwadi, Chakan |
| Built-up / plot area | 6380 sq. ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Plot No. 06 |
| Building / society | Industrial zone near Gandharva Hotel |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Medankarwadi, Chakan, Pune by Union Bank of India — reserve price ₹1,23,00,000, 6380 sq. ft., Symbolic possession.
Explore this prime bank auction property located in the thriving industrial hub of Medankarwadi, Chakan, Pune. This land plot (Plot No. 06, Gat No. 423) measures approximately 6380 sq. ft. and is strategically situated near the Gandharva Hotel in a key industrial zone. Perfect for industrial or commercial development, this property is being offered by Union Bank of India. The auction represents a significant opportunity for investors looking to acquire industrial land in the Pune district. With a symbolic possession status, this asset is competitively priced. Interested parties should conduct due diligence regarding the auction date and submission requirements. Don't miss this chance to invest in a strategic location in Tal Khed, Pune.
GeoSquare note: The property is located in a high-demand industrial belt in Chakan, making it an excellent investment for industrial use. While it currently holds symbolic possession status, the strategic location and land size justify the reserve price. It is a strong buy for investors looking to establish a presence in the Pune industrial corridor.
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