Shop for Auction Sitabuldi Nagpur 18.8 Lakh by Union Bank of India 414462
Sitabuldi, Nagpur
Area: 15.56 sq. mtrs
Indira Arcade, Plot No. 218, NMC House No. 257/F/9, Ward No. 67, City Survey No. 1591/1593, Sheet No. 146/17, Mouza Sitabuldi
Union Bank of India · Asset Recovery Branch
Reserve price
₹18,80,000
EMD ₹1,88,000
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 15.56 sq. mtrs
- ▸Locality: Sitabuldi
- ▸Reserve: ₹18,80,000
- ▸EMD: ₹1,88,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Sitabuldi |
| Built-up / plot area | 15.56 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Commercial Shop-107 |
| Building / society | Indira Arcade |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Sitabuldi, Nagpur by Union Bank of India — reserve price ₹18,80,000, 15.56 sq. mtrs, Physical possession.
Explore this bank auction property featuring a prime commercial shop located in the well-known Indira Arcade, Sitabuldi, Nagpur. Spanning 15.56 sq. mtrs on the first floor, this property is ideal for business investments. This unit is being sold by Union Bank of India via e-auction. With its strategic location near key landmarks like D-Krishna and Dharmapeth Mahila Sahakari Bank, it offers excellent commercial visibility. The property is currently under physical possession, providing added security for the auction process. Don't miss this opportunity to acquire a commercial space in the heart of Nagpur. Detailed auction information, including reserve price and EMD, is available for serious investors looking for bank auction properties in Nagpur.
GeoSquare note: This commercial shop is located in a prime, high-footfall area of Sitabuldi, Nagpur, making it an excellent investment opportunity. It is currently under physical possession, which significantly reduces the risks associated with the acquisition process. While there is a GST-related encumbrance, the reserve price is competitive for its prime commercial location.
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