Shop for Auction Neral East Raigad 7.8 Lakh by Union Bank of India
Neral East, Raigad
Area: 187 sq. ft.
Shop No:7, Ground Floor, Gaurishankar Apartment, CTS No 4/1 Khanda, Near Railway Station, Neral, Matheran Road, Neral East, Tal: Karjat, 410101
Union Bank of India · Asset Recovery Branch
Reserve price
₹7,85,000
EMD ₹78,500
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 187 sq. ft.
- ▸Locality: Neral East
- ▸Reserve: ₹7,85,000
- ▸EMD: ₹78,500
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Neral East |
| Built-up / plot area | 187 sq. ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Shop No: 7 |
| 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 ₹7,85,000, 187 sq. ft., Physical possession.
Participate in the bank auction of this prime commercial shop located in Gaurishankar Apartment, Neral East, Karjat. This bank auction property is situated on the ground floor with a total build-up area of 187 sq. ft. (102.33 sq. ft. carpet area). The property is conveniently located near Neral Railway Station on Matheran Road, making it an excellent investment for retail businesses. With a reserve price of ₹7,85,000, this commercial shop for sale offers a strategic location in the Raigad district. Interested bidders must note the auction date is 29.09.2026. Don't miss this opportunity to acquire a commercial asset through a transparent bank sale process.
GeoSquare note: This commercial shop offers high potential due to its proximity to Neral Railway Station, ensuring steady footfall. With physical possession held by the bank and an affordable reserve price, it is a low-entry-cost investment for small business owners. The strategic location on Matheran Road further enhances its commercial utility and investment value.
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