Representative illustration — Commercial Shop bank auction in Parvati
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Not Known to Bank possession Strong Buy

Shop for Auction Parvati Pune 50.6 Lakh by Union Bank of India 12 May 2026

Parvati, Pune

Area: 27.88 sq. mtrs

Shop No. 03, Ground Floor, Shraddha Chambers Co-Op Housing Society Ltd, CTS No. 263/33, Opp. Dhandekar Bridge, Near Ramkrishna Math, Parvati, Sinhgad Road

Union Bank of India · Asset Recovery Branch

Reserve price

₹50,60,000

EMD ₹5,06,000

Auction date

12 May 2026, 12:00 PM

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Quick read

  • Possession: Not Known to Bank
  • Area: 27.88 sq. mtrs
  • Locality: Parvati
  • Reserve: ₹50,60,000
  • EMD: ₹5,06,000

Auction snapshot

PossessionNot Known to Bank
Property typeCommercial Shop · Commercial
LocalityParvati
Built-up / plot area27.88 sq. mtrs
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Shop No. 03
Building / societyShraddha Chambers Co-Op Housing Society Ltd
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Commercial Shop bank auction in Parvati, Pune by Union Bank of India — reserve price ₹50,60,000, 27.88 sq. mtrs, Not Known to Bank possession.

This bank auction property presents a fantastic opportunity to acquire a commercial shop for sale in the heart of Parvati, Pune. The property, located in Shraddha Chambers, offers 27.88 sq. mtrs of space on the ground floor, ideal for various business ventures. Situated near Dhandekar Bridge and Ramkrishna Math on Sinhgad Road, the location ensures high visibility and accessibility. With a reserve price of ₹5060000 and an EMD of ₹506000, this auction is a must-consider for investors seeking a prime commercial space in a bustling area. Don't miss out on this valuable bank auction property!

GeoSquare note: Located in the well-known area of Parvati, Pune, this commercial shop offers good potential for business or investment. The reserve price of ₹5060000 makes it an attractive option. While the possession status is 'Not Known to Bank', the location and type of property justify a 'Strong Buy' recommendation.

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