Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613838
Bank Name:Bank of India
Branch Name:Pune recovery branch
Reserve Price:₹7,58,000
EMD:₹75,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 5:00PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is 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. This is a prime opportunity to acquire a commercial asset in a well-established market. The shop is suitable for various business ventures, offering excellent visibility and accessibility within the city.
State:Maharashtra
City:Pune
Area:Mangalwar Peth
Asset Category:Commercial
Full Address:Shop no 18, Evolet Tiara, Shop no 18 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:62.00 sq fts
Auction Description
The Bank of India is conducting a SARFAESI auction for a commercial shop in Mangalwar Peth, Pune. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this valuable commercial property is set at INR 758,000, with an Earnest Money Deposit (EMD) of INR 75,000 required to participate. This auction presents a significant investment opportunity in a sought-after commercial district.
Borrower Name:Prabha Imtiyaz Qureshi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:No known Encumbrance
Why This Property
The property is a small commercial shop in a relatively busy area, offering a decent investment opportunity. The reserve price is reasonable, and the location in Mangalwar Peth adds to its potential. However, the small size may limit its appeal to some investors.
Contact Details
Branch:Branch Office : Pune recovery branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
