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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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