Land for Auction Nhavare Pune 41.3 Lakh by Union Bank of India
Nhavare, Pune
Area: 00H 20 Ares
Gat No. 496, Village Nhavare, Tal. Shirur, Dist. Pune
Union Bank of India · Asset Recovery Branch
Reserve price
₹41,31,000
EMD ₹4,13,100
Auction date
27 Aug 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 00H 20 Ares
- ▸Locality: Nhavare
- ▸Reserve: ₹41,31,000
- ▸EMD: ₹4,13,100
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Nhavare |
| Built-up / plot area | 00H 20 Ares |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Gat No. 496 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Nhavare, Pune by Union Bank of India — reserve price ₹41,31,000, 00H 20 Ares, Physical possession.
Participate in the bank auction of a prime land parcel situated at Gat No. 496, village Nhavare, Taluka Shirur, District Pune. This land, measuring 20 Ares out of a larger 01 H 55 Ares plot, is available for sale under the Union Bank of India's recovery process. Located within the jurisdiction of the Sub-Registrar Shirur, this property offers a significant investment opportunity in the growing outskirts of Pune. The property is currently under physical possession of the bank, ensuring a transparent acquisition process. With a reserve price of ₹41.31 Lakhs, this is an excellent prospect for investors looking for land assets in the Shirur region. Ensure you submit your EMD before the deadline to participate in this e-auction. Contact the Union Bank of India Asset Recovery Branch in Pune for further details regarding the auction date and inspection process.
GeoSquare note: The property is a straightforward land parcel in the Shirur region with the added security of being under physical possession. While rural land investments require due diligence on agricultural/non-agricultural status, the reserve price is competitive for the Pune district, making it a strong buy for long-term land banking.
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