Representative illustration — Commercial Shop bank auction in Mangalwar Peth
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Mangalwar Peth Pune 20 Lakh by Bank of India 28 May 2026

Mangalwar Peth, Pune

Area: 153.00 sq fts

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

Bank of India · Pune recovery branch

Reserve price

₹20,02,000

EMD ₹2,00,000

Auction date

28 May 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 153.00 sq fts
  • Locality: Mangalwar Peth
  • Reserve: ₹20,02,000
  • EMD: ₹2,00,000

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityMangalwar Peth
Built-up / plot area153.00 sq fts
LenderBank of India
BranchPune recovery branch
Unit / flat no.Shop no A
Building / societyEvolet Tiara
Floorlower ground floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Mangalwar Peth, Pune by Bank of India — reserve price ₹20,02,000, 153.00 sq fts, Physical possession.

Bank auction property! Seize this opportunity to own a commercial shop for sale in the prime location of Mangalwar Peth, Pune. This shop, situated in 'Evolet Tiara', offers a carpet area of 153.00 sq fts. The e-auction is scheduled for 2026-05-28 with a reserve price of ₹2002000.0 and an EMD of ₹200000.0. Don't miss out on this lucrative investment in a bustling commercial area. Inspection date: 2026-05-21.

GeoSquare note: Located in Mangalwar Peth, Pune, this commercial shop offers a promising investment opportunity. The property is under physical possession, and the reserve price is relatively competitive. The location ensures good footfall, justifying a 'Strong Buy' recommendation.

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