Shop for Auction Sitabuldi Sadar Nagpur 50.4 Lakh by Union Bank of India
Sitabuldi, Sadar, Nagpur
Area: 49.10 sq. mtrs
Indira Arcade, Plot No 218, NMC House No 257/F/9, Ward No. 67, City Survey No. 1591 & 1593, Mouza Sitabuldi, Sadar, Nagpur
Union Bank of India · Asset Recovery Branch
Reserve price
₹50,40,000
EMD ₹5,04,000
Auction date
29 Sep 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 49.10 sq. mtrs
- ▸Locality: Sitabuldi, Sadar
- ▸Reserve: ₹50,40,000
- ▸EMD: ₹5,04,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Sitabuldi, Sadar |
| Built-up / plot area | 49.10 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Commercial Shop-108 |
| Building / society | Indira Arcade |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Sitabuldi, Sadar, Nagpur by Union Bank of India — reserve price ₹50,40,000, 49.10 sq. mtrs, Physical possession.
Participate in this bank auction property opportunity featuring a commercial shop located in the prominent 'Indira Arcade' in Sitabuldi, Nagpur. This first-floor commercial unit (Shop No. 108) covers an area of 49.10 sq. mtrs and is situated in a prime business locality near D-Krishna & Dharmapet Mahila Sahakari Bank. With physical possession held by the Union Bank of India, this asset offers a transparent investment path. The auction is scheduled for 29/09/2026 with a reserve price of ₹50,40,000. This is an ideal location for retail or office setups looking for a foothold in the bustling Sadar/Sitabuldi commercial hub. Interested bidders should note the auction details and prepare for the e-auction process to acquire this well-located commercial space in Nagpur.
GeoSquare note: The property is located in a high-demand commercial hub (Sitabuldi/Sadar, Nagpur) with physical possession, which reduces legal complexities for the buyer. Although there is a significant GST attachment encumbrance, the location in Indira Arcade makes it a strong investment choice for commercial use. The price point is attractive relative to its prime location.
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