Representative illustration — Land bank auction in Nhavare
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Fair Option

Land for Auction Nhavare Pune 51 Lakh by Union Bank of India 12 May 2026

Nhavare, Pune

Area: 00H 20 Ares

Gat No. 496, Village Nhavare Tal

Union Bank of India · Asset Recovery Branch

Reserve price

₹51,00,000

EMD ₹5,10,000

Auction date

12 May 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 00H 20 Ares
  • Locality: Nhavare
  • Reserve: ₹51,00,000
  • EMD: ₹5,10,000

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityNhavare
Built-up / plot area00H 20 Ares
LenderUnion Bank of India
BranchAsset Recovery Branch
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Land bank auction in Nhavare, Pune by Union Bank of India — reserve price ₹51,00,000, 00H 20 Ares, Symbolic possession.

Bank auction property! Prime land for sale in Nhavare, Shirur, Pune. This land, located in Gat No. 496, offers a promising investment opportunity. With a reserve price of ₹5100000.0 and an EMD of ₹510000.0, seize the chance to own this valuable asset through Union Bank of India's e-auction on 2026-05-12. The property is bounded by Shirur Pargaon Road to the east, remaining land of Gat No. 496 to the south, Gat No. 495 to the west, and remaining land of Gat No. 496 to the north. Don't miss this exceptional opportunity!

GeoSquare note: The property is a land parcel in Shirur, Pune, offered at a reserve price of ₹5100000.0. The symbolic possession might delay immediate use, but the location near Shirur Pargaon Road adds potential value. Given its price range and potential location advantages, it’s a fair investment option.

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