Land for Auction Somatne Pune 37.7 Lakh by Fedbank Financial Services Ltd
Somatne, Pune
Area: 89.12 sq. mtrs
Village Somatne, Tal Maval, Dist. Pune
Fedbank Financial Services Ltd · Registered Office:Mumbai
Reserve price
₹37,70,000
EMD ₹3,77,000
Auction date
18 Aug 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 89.12 sq. mtrs
- ▸Locality: Somatne
- ▸Reserve: ₹37,70,000
- ▸EMD: ₹3,77,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Somatne |
| Built-up / plot area | 89.12 sq. mtrs |
| Lender | Fedbank Financial Services Ltd |
| Branch | Registered Office:Mumbai |
| Unit / flat no. | Flat No. 702 |
| Building / society | Building No. H |
| Floor | 7th floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Land bank auction in Somatne, Pune by Fedbank Financial Services Ltd — reserve price ₹37,70,000, 89.12 sq. mtrs, Physical possession.
Explore this expansive bank auction property located in the serene village of Somatne, Tal Maval, Pune. This auction features a comprehensive listing including large land parcels (Gat Nos. 323/1, 322, 321, 320, 323/2) and a 7th-floor residential flat (Building H, Flat 702). This property is an excellent opportunity for investors looking for land acquisition and residential assets in the growing Pune region. With a reserve price of ₹37,70,000, this bank auction offers significant potential. The property is offered on an 'As is where is' and 'As is what is' basis. Ensure timely submission of bids by August 17, 2026. Don't miss out on this prime investment in Pune's real estate market.
GeoSquare note: The property offers a rare combination of significant land parcels and an existing residential unit in the developing Maval area. With physical possession taken by the bank, the investment risk is significantly reduced compared to symbolic possession cases. The competitive reserve price relative to the total land area makes this a strong buy for developers or long-term investors.
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