Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609790
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹70,02,000
EMD:₹7,00,200
Bid Increment:₹50,000
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:14-11-2025 12:00 PM
Property Description
This is a commercial shop located in Haveli, Pune, Maharashtra. The property is being auctioned by Union Bank of India under SARFAESI. This is a great opportunity for investors or businesses looking to establish a presence in a developing area. The property is a commercial shop, offering versatile use for various business ventures.
State:Maharashtra
City:Pune
Area:Haveli
Asset Category:Commercial
Full Address:101 and 102, Al-KARIM Complex, Shop No. 101 and Shop No. 102 situated on 1st floor building known as," Al-KARIM Complex, constructed on City Survey No. 789/1 situated at village Bhavani Peth, Taluka: Haveli, District- Pune, Bhavani Peth, Pune
Building/Society:Al-KARIM Complex
Size:1000 Sq. Fts.
Auction Description
Union Bank of India is conducting a SARFAESI auction for a commercial shop in Haveli, Pune. The auction starts on November 14, 2025, at 12:00 PM and ends at 5:00 PM on the same day. The reserve price is INR 70,02,000, with an Earnest Money Deposit (EMD) of INR 7,00,200. This is a prime opportunity to acquire a commercial asset in Pune.
Borrower Name:Mrs Shama Hussen Pathan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in a well-connected location within Pune, presenting a moderate investment opportunity. The reserve price is reasonable. Further due diligence on the property's market value and potential rental income is recommended before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
