Representative illustration — Commercial Shop bank auction in Shelu
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Symbolic possession Fair Option

Shop for Auction Shelu Raigad 5.6 Lakh by Ujjivan Small Finance Bank

Shelu, Raigad

Area: 235.0 sq. ft.

Shop No. 15, Ground Floor, Sai Shopping Center, House No. 978, Village Shelu, Tal- Karjat, Dist- Raigad, Maharashtra

Ujjivan Small Finance Bank · Registered Office : Bengaluru

Reserve price

₹5,59,000

EMD ₹55,900

Auction date

28 Jul 2026, 02:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 235.0 sq. ft.
  • Locality: Shelu
  • Reserve: ₹5,59,000
  • EMD: ₹55,900

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityShelu
Built-up / plot area235.0 sq. ft.
LenderUjjivan Small Finance Bank
BranchRegistered Office : Bengaluru
Unit / flat no.Shop No. 15
Building / societySai Shopping Center
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankeauctions.com / C1 India

About this property

Commercial Shop bank auction in Shelu, Raigad by Ujjivan Small Finance Bank — reserve price ₹5,59,000, 235.0 sq. ft., Symbolic possession.

Discover a commercial shop for sale through Ujjivan Small Finance Bank auction. This ground floor Shop No. 15, measuring 235 sq. ft., is located in Sai Shopping Center, House No. 978, Village Shelu, Tal-Karjat, Dist-Raigad, Maharashtra. Ideal for small businesses or as an investment, this property offers significant potential in the growing Karjat area. The bank auction features a reserve price of ₹5,59,000 and an Earnest Money Deposit (EMD) of ₹55,900. The e-auction is scheduled for July 28, 2026, from 2:00 PM to 5:00 PM, with property inspection dates on July 10 & 23, 2026. Interested bidders must submit their EMD by July 27, 2026. This property is available under symbolic possession, and bidders are advised to conduct thorough due diligence regarding encumbrances.

GeoSquare note: This commercial shop in Karjat presents a fair investment opportunity, especially given its low reserve price of ₹5.59 Lacs. Its ground floor location and compact size make it suitable for various small businesses in the developing Shelu village area. However, the 'Symbolic' possession status introduces a layer of risk and potential cost for the buyer in gaining physical possession. Interested parties should assess the local market demand and be prepared for the process of obtaining physical possession.

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