Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:609559
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹26,18,000
EMD:₹2,61,800
Bid Increment:₹25,000
Auction Time:12 NOON to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a commercial shop located in Pune, Maharashtra, offered for auction by Union Bank of India. The property is situated in the prime area of Pune, making it an attractive investment for business ventures. The borrower associated with this asset is M/s The Unique Star Caterers. This SARFAESI auction presents a unique opportunity to acquire a commercial asset in a thriving urban center.
State:Maharashtra
City:Pune
Area:Pune
Asset Category:Commercial
Full Address:Shop No. 1, Satyam Co-operative Society Limited, Shop No.1 on Ground Floor in building No. 'A' in the Society known as "Satyam Co-operative Society Limited" constructed on the land bearing S. No. 49, CTS No. 8 lying and situated at Village Bopodi, Bopodi, Pune
Building/Society:Satyam Co-operative Society Limited
Size:32.52 sq. mtrs
Auction Description
Union Bank of India is conducting a SARFAESI auction for a commercial shop in Pune, Maharashtra. The auction will commence on November 14, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹26,18,000, with an Earnest Money Deposit (EMD) of ₹2,61,800 required to participate. This auction offers a direct opportunity to acquire commercial real estate in Pune.
Borrower Name:M/s The Unique Star Caterers
Auction Type:SARFAESI Auction
Guarantor Names:Rita William Martin
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Pune, a potentially lucrative location. With a reasonable reserve price and clear auction terms, it presents a strong investment opportunity. The 'Strong Buy' recommendation is based on the property type and location.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
