Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.2
Auction ID:609658
Bank Name:Union Bank of India
Branch Name:Regional Office : Mumbai (South)
Reserve Price:₹34,34,850
EMD:₹3,43,485
Auction Time:12:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a prime commercial shop located in the bustling Shivajinagar area of Pune, Maharashtra. Ideal for various business ventures, this property offers excellent visibility and accessibility. Situated in a prominent commercial hub, it presents a great opportunity for investors and entrepreneurs seeking a strategic location in one of Pune's key business districts. The area is well-connected and known for its vibrant commercial activity.
State:Maharashtra
City:Pune
Area:Shivajinagar
Asset Category:Commercial
Full Address:Shop No. 11, Sahil Arcade, Shop No. 11, Ground Floor, Sahil Arcade, Near Panchali Hotel, J.M. Road, Shivajinagar (Bhanbudra), Taluka and Dist Pune 411005, Shivajinagar, Pune
Building/Society:Sahil Arcade
Auction Description
Union Bank of India is conducting a SARFAESI auction for a commercial shop in Shivajinagar, Pune. The auction will take place on November 14, 2025, from 12:00 PM to 05:00 PM. The reserve price is set at ₹34,34,850, with an Earnest Money Deposit (EMD) of ₹3,43,485 required to participate. This is a significant opportunity to acquire a commercial asset in a sought-after Pune location. All interested bidders are advised to review the full auction terms and conditions.
Borrower Name:M/s. AS Computers
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The commercial shop in Shivajinagar, Pune, presents a strong investment opportunity due to its prime location and manageable reserve price. While further due diligence is advised, the potential for rental income and appreciation makes it a worthwhile investment. Auction terms are standard.
Contact Details
Branch:Branch Office : Regional Office : Mumbai (South)
Service Provider:BAANKNET
Contact Details:
Siddharth Kushawaha
Contact no:9594909454
