Shop for Auction Sitabuldi Nagpur 20.2 Lakh by Union Bank of India 414470
Sitabuldi, Nagpur
Area: 19.65 sq. mtrs
Indira Arcade, Plot No 218, NMC House No. 257/F/9, Ward No. 67, City Survey No 1591 & 1593, Mouza Sitabuldi, Near D-Krishna & Dharampeth Mahila Sahakari Bank
Union Bank of India · Asset Recovery Branch
Reserve price
₹20,17,000
EMD ₹2,01,700
Auction date
29 Sep 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 19.65 sq. mtrs
- ▸Locality: Sitabuldi
- ▸Reserve: ₹20,17,000
- ▸EMD: ₹2,01,700
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Sitabuldi |
| Built-up / plot area | 19.65 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Commercial Shop-111 |
| 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 ₹20,17,000, 19.65 sq. mtrs, Physical possession.
Explore this prime commercial shop for sale via bank auction in the heart of Sitabuldi, Nagpur. Located on the first floor of the well-known 'Indira Arcade', this property (Shop No. 111) offers a built-up area of 19.65 sq. mtrs. This bank auction property is an excellent opportunity for investors looking for commercial real estate in a strategic location near D-Krishna & Dharampeth Mahila Sahakari Bank. With physical possession already held by the Union Bank of India, this asset presents a secure investment prospect. Don't miss this chance to acquire a commercial space in a busy commercial district. Auction is scheduled for 29/09/2026. Bid now to secure this property at a competitive reserve price of ₹20,17,000.
GeoSquare note: The property is located in the prime commercial hub of Sitabuldi, Nagpur, offering high visibility and business potential. The physical possession status reduces transition risk for the buyer, though the significant GST encumbrance mentioned in the notice should be thoroughly investigated by the bidder prior to participating.
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