Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613839
Bank Name:Bank of India
Branch Name:Pune recovery branch
Reserve Price:₹13,20,000
EMD:₹1,32,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a bank auction for a commercial shop located in the bustling Mangalwar Peth area of Pune, Maharashtra. The property is being auctioned by the Bank of India under the SARFAESI Act. It's an excellent opportunity to acquire a commercial asset in a prime location. The property is suitable for various business ventures, offering potential for growth and investment.
State:Maharashtra
City:Pune
Area:Mangalwar Peth
Asset Category:Commercial
Full Address:Shop no A, Evolet Tiara, Shop no A building no B wing B1, lower ground floor, Evolet Tiara, constructed on Land bearing CTS NO 423, tps II FINAL PLOT NO 28/a11 & 28/a/2 Mangalwar Peth Pune 411011, Mangalwar Peth, Pune
Building/Society:Evolet Tiara
Size:153.00 sq fts
Auction Description
The Bank of India is conducting a SARFAESI auction for a commercial shop in Mangalwar Peth, Pune. The auction has a reserve price of INR 13,20,000 and requires an Earnest Money Deposit (EMD) of INR 1,32,000. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 5:00 PM. This is a direct sale opportunity from the bank.
Borrower Name:Prabha Imtiyaz Qureshi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:No known Encumbrance
Why This Property
This commercial shop in Mangalwar Peth presents a calculated opportunity. The location is decent, and the price is relatively affordable. However, the shop's size and specific location within the building should be carefully considered before bidding.
Contact Details
Branch:Branch Office : Pune recovery branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
