Representative illustration — Land bank auction in Somatane Phata, Maval
Representative illustration — not the actual property photograph.
Land Residential Physical possession Strong Buy

Land for Auction Somatane Phata Maval Pune 18.3 Lakh by Union Bank of India

Somatane Phata, Maval, Pune

Area: 651.22 sq. ft.

Gat No. 323, Plot No. 33, Flat No. 3, 1st floor, Sai Enclave, Nr. Somatane Phata, Tal. Maval, Dist. Pune 410 506, Maharashtra

Union Bank of India · Regional Office

Reserve price

₹18,27,000

EMD ₹18,27,000

Auction date

29 Sep 2026, 12:00 PM

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Quick read

  • Possession: Physical
  • Area: 651.22 sq. ft.
  • Locality: Somatane Phata, Maval
  • Reserve: ₹18,27,000
  • EMD: ₹18,27,000

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalitySomatane Phata, Maval
Built-up / plot area651.22 sq. ft.
LenderUnion Bank of India
BranchRegional Office
Unit / flat no.Plot No. 33, Flat No. 3
Building / societySai Enclave
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹18,270
Service providerBAANKNET

About this property

Land bank auction in Somatane Phata, Maval, Pune by Union Bank of India — reserve price ₹18,27,000, 651.22 sq. ft., Physical possession.

Explore this bank auction property located in the strategic area of Somatane Phata, Maval, Pune. This land/property asset situated in 'Sai Enclave' (Gat No. 323, Plot No. 33) offers a compact area of 651.22 Sq. Ft. The property is being auctioned by Union Bank of India under the SARFAESI Act. This is a prime opportunity for investors looking for residential or land investments in the Pune district. The auction is scheduled for 29.09.2026 with a reserve price of ₹18,27,000. Benefit from the security of a physical possession status. Don't miss this chance to acquire property in a developing location near Somatane Phata. Visit the official Union Bank of India website or the baanknet portal for detailed e-auction terms and participation procedures.

GeoSquare note: This property is a strong investment candidate due to its physical possession status, which significantly lowers the risk for the bidder compared to symbolic possession. Located in the growing region of Maval, Pune, the reserve price is competitive for the area. The clear identification of the property and its status makes it a reliable option for prospective buyers.

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