Shop for Auction Makhmalabad Nashik 6.4 Lakh by Indian Overseas Bank
Makhmalabad, Nashik
Area: 16.72 sq. mtrs
Shop No.31, Plot 7, S No.23A+24/1 A+2A/1 A, Prakesh Residential and commercial complex, Opp Meher Dham Tempal, Shridhar Colony, Mehardham, Peth Road, Makhmalabad, Nashik
Indian Overseas Bank · Regional Office : Pune
Reserve price
₹6,38,500
EMD ₹63,800
Auction date
24 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 16.72 sq. mtrs
- ▸Locality: Makhmalabad
- ▸Reserve: ₹6,38,500
- ▸EMD: ₹63,800
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Makhmalabad |
| Built-up / plot area | 16.72 sq. mtrs |
| Lender | Indian Overseas Bank |
| Branch | Regional Office : Pune |
| Unit / flat no. | Shop No.31 |
| Building / society | Prakesh Residential and commercial complex |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Makhmalabad, Nashik by Indian Overseas Bank — reserve price ₹6,38,500, 16.72 sq. mtrs, Symbolic possession.
Participate in the bank auction of a commercial shop located in the prime area of Makhmalabad, Nashik. This property, situated on the ground floor of the Prakesh Residential and Commercial Complex, offers a strategic location opposite Meher Dham Temple on Peth Road. Spanning 16.72 sq. mtrs, this commercial shop is an ideal opportunity for small business owners or investors looking to establish a presence in Nashik. The auction is being conducted by the Indian Overseas Bank with a reserve price of ₹6,38,500. Interested bidders can inspect the property between September 14th and September 19th, 2026. Don't miss this chance to acquire a commercial asset in a growing locality through a transparent bank auction process.
GeoSquare note: The property is located in a well-known commercial/residential complex in Nashik, making it a viable option for retail business. While the possession is currently symbolic, the entry price is quite affordable for a commercial space, offering good investment potential for local business setups.
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