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 28.7 Lakh by Bank of India 28 May 2026

Mangalwar Peth, Pune

Area: 312.00 sq fts

Shop no 111 building no B wing B1, Mangalwar Peth Pune 411011

Bank of India · Pune recovery branch

Reserve price

₹28,74,000

EMD ₹2,90,000

Auction date

28 May 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 312.00 sq fts
  • Locality: Mangalwar Peth
  • Reserve: ₹28,74,000
  • EMD: ₹2,90,000

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityMangalwar Peth
Built-up / plot area312.00 sq fts
LenderBank of India
BranchPune recovery branch
Unit / flat no.111
Building / societyEvolet Tiara
FloorFirst 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 ₹28,74,000, 312.00 sq fts, Physical possession.

Bank auction property! This commercial shop for sale is located in the prime area of Mangalwar Peth, Pune. The property, situated in 'Evolet Tiara', spans 312.00 sq fts on the first floor. This bank auction offers a fantastic investment opportunity in a bustling commercial hub. With a reserve price of ₹2874000.0 and an EMD of ₹290000.0, this shop is ideal for businesses. E-auction on 2026-05-28, seize this chance to acquire a valuable commercial space. Inspection available on 2026-05-21.

GeoSquare note: This commercial shop in Mangalwar Peth presents a strong investment opportunity due to its prime location and physical possession status. The price range is competitive, and the auction details are clearly defined. While further due diligence is recommended, the property's location and type suggest a potentially high return on investment.

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