Plot for Auction Lonikand Pune 11.9 Crore by Punjab Sind Bank 08 May 2026
Lonikand, Pune
Gut No. 567, 568, 569, 570, 572 & 573 At Lonikand Tq. Haveli Pune. Maharashtra
Punjab & Sind Bank · New Delhi
Reserve price
₹11,87,00,000
EMD ₹1,18,70,000
Auction date
08 May 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Lonikand
- ▸Reserve: ₹11,87,00,000
- ▸EMD: ₹1,18,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Lonikand |
| Lender | Punjab & Sind Bank |
| Branch | New Delhi |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,18,700 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Lonikand, Pune by Punjab & Sind Bank — reserve price ₹11,87,00,000, Symbolic possession.
Prime bank auction property! This expansive plot located in Lonikand, Haveli, Pune presents a lucrative investment opportunity. Gut No. 567, 568, 569, 570, 572 & 573, owned by M/s Patil Constructions and Infrastructure Ltd, is up for grabs. With a reserve price of ₹118,700,000 and an EMD of ₹11,870,000, seize the chance to acquire this valuable land parcel. The e-auction is scheduled for 2026-08-05, offering a seamless bidding process. Don't miss out on this bank auction property in a rapidly developing area; a smart move for discerning investors!
GeoSquare note: This plot in Haveli, Pune, offers a decent investment opportunity given its location and reserve price. However, the symbolic possession status adds a layer of complexity, warranting careful due diligence. The competitive price range makes it worth considering, but potential investors should weigh the risks associated with symbolic possession before making a decision.
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