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

Shop for Auction Neral East Raigad 22.8 Lakh by Union Bank of India

Neral East, Raigad

Area: 384.78 sq. ft.

Shop No:6, 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

₹22,75,000

EMD ₹2,27,500

Auction date

29 Sep 2026, 12:00 PM

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Quick read

  • Possession: Physical
  • Area: 384.78 sq. ft.
  • Locality: Neral East
  • Reserve: ₹22,75,000
  • EMD: ₹2,27,500

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityNeral East
Built-up / plot area384.78 sq. ft.
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Shop No. 6
Building / societyGaurishankar Apartment
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Commercial Shop bank auction in Neral East, Raigad by Union Bank of India — reserve price ₹22,75,000, 384.78 sq. ft., Physical possession.

Participate in the bank auction of a commercial shop located in Gaurishankar Apartment, Neral East, Karjat. This commercial property, situated on the Ground Floor near Neral Railway Station, offers a carpet area of 384.78 sq. ft. Ideal for retail or office use, this bank auction property is located in the well-connected Raigad district of Maharashtra. The property is available with Physical possession. Don't miss this opportunity to invest in a prime commercial shop for sale through Union Bank of India. Check the reserve price of ₹22,75,000 and the EMD amount of ₹2,27,500. Detailed auction documentation and terms are available on the bank's portal.

GeoSquare note: This commercial shop is well-positioned near the Neral Railway Station, enhancing its business potential and footfall. The property is offered with Physical possession, which minimizes legal acquisition risks for the buyer. Given the competitive reserve price and its strategic location in a developing area like Karjat, it represents a strong investment opportunity.

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