Representative illustration — Commercial Shop bank auction in Sitabuldi
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Sitabuldi Nagpur 20.2 Lakh by Union Bank of India

Sitabuldi, Nagpur

Area: 19.65 sq. mtrs

Corporate Office No. 109, First Floor, Indira Arcade, Plot No 218, Ward No. 67, Mouza Sitabuldi, Near D-Krishna & Dharampeth Mahila Sahakari Bank, Tahsil & Dist Nagpur

Union Bank of India · Asset Recovery Branch

Reserve price

₹20,17,000

EMD ₹2,01,700

Auction date

29 Sep 2026, 12:00 PM

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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

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalitySitabuldi
Built-up / plot area19.65 sq. mtrs
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.Corporate Office No. 109
Building / societyIndira Arcade
FloorFirst Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

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 located in Indira Arcade, Sitabuldi, Nagpur. This property, identified as Corporate Office No. 109, is situated on the first floor with a built-up area of 19.65 sq. mtrs. Strategically located near D-Krishna & Dharampeth Mahila Sahakari Bank in the bustling Sitabuldi area, this property is offered with physical possession by the Union Bank of India. With a reserve price of ₹20,17,000, this is an excellent opportunity for investors looking for commercial real estate in Nagpur. Interested bidders should note the auction date is 29/09/2026. Don't miss this chance to acquire a commercial space in a well-connected locality of Nagpur through a transparent bank auction process.

GeoSquare note: This property is a strong investment choice due to its prime commercial location in Sitabuldi, Nagpur, and the added security of physical possession. With a reasonable reserve price of approximately ₹20 Lakhs, it offers high value for investors. Prospective buyers should account for the existing GST encumbrance mentioned in the notice.

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