Shop for Auction Sitabuldi Nagpur 18.8 Lakh by Union Bank of India
Sitabuldi, Nagpur
Area: 15.56 sq. mtrs
Corporate Office C0106, Indira Arcade, Plot No 218, NMC House No 257/F/9, Ward No. 67, City Survey No 15916/1593, 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-106 |
| 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 prime bank auction property featuring a commercial shop located in the bustling area of Sitabuldi, Nagpur. Situated on the first floor of the well-known Indira Arcade, this property offers an area of 15.56 sq. mtrs. This commercial shop is available for sale through a Union Bank of India e-auction. Key highlights include physical possession status and a strategic location near D-Krishna & Dharmapeth Mahila Sahakari Bank. With a reserve price of ₹18.80 Lakhs, this is an excellent opportunity for investors looking for commercial real estate in Nagpur. The auction is scheduled for 29th September 2029. Don't miss this chance to acquire a commercial asset in a prime locality.
GeoSquare note: The property holds significant investment potential due to its prime commercial location in Sitabuldi, Nagpur, and the benefit of physical possession. While there is a substantial GST encumbrance mentioned, the entry price at auction is competitive for this market area, making it a strong buy for commercial investors.
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