Shop for Auction Neral East Raigad 18.5 Lakh by Union Bank of India
Neral East, Raigad
Area: 317.15 sq. ft.
Shop No:4, Ground Floor, Gaurishankar Apartment, CTS No 4/1, Near Railway Station, Neral, Matheran Road, Neral East, Tal: Karjat, Dist: Raigad, Maharashtra 410101
Union Bank of India · Asset Recovery Branch
Reserve price
₹18,50,000
EMD ₹1,85,000
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 317.15 sq. ft.
- ▸Locality: Neral East
- ▸Reserve: ₹18,50,000
- ▸EMD: ₹1,85,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Neral East |
| Built-up / plot area | 317.15 sq. ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Shop No. 4 |
| Building / society | Gaurishankar Apartment |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Neral East, Raigad by Union Bank of India — reserve price ₹18,50,000, 317.15 sq. ft., Physical possession.
Invest in this prime commercial shop for sale through a bank auction in Neral, Raigad. Located on the ground floor of Gaurishankar Apartment near the Neral Railway Station and Tulsi Centre Point, this shop offers excellent visibility and accessibility. The property boasts a carpet area of 317.15 sq. ft. and is being auctioned by the Union Bank of India. With a reserve price of ₹18.50 Lakh, this is an excellent opportunity for business owners or investors looking for commercial property in the developing region of Karjat, Maharashtra. Don't miss this bank auction property; secure your spot for the e-auction on 29.09.2026. Perfect for retail or office space, this unit is well-positioned for high footfall.
GeoSquare note: This property is highly attractive due to its prime location near the Neral Railway Station and its ground-floor positioning in a commercial apartment complex. With a competitive reserve price and physical possession by the bank, this commercial unit represents a low-risk, high-potential investment for retail or office use in the growing Raigad district.
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