Shop for Auction Sitabuldi Sadar Nagpur 51.9 Lakh by Union Bank of India
Sitabuldi, Sadar, Nagpur
Area: 50.59 sq. mtrs
Corporate Office No. 112, 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
₹51,93,000
EMD ₹5,19,300
Auction date
29 Sep 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 50.59 sq. mtrs
- ▸Locality: Sitabuldi, Sadar
- ▸Reserve: ₹51,93,000
- ▸EMD: ₹5,19,300
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Sitabuldi, Sadar |
| Built-up / plot area | 50.59 sq. mtrs |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Corporate Office No. 112 |
| 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 ₹51,93,000, 50.59 sq. mtrs, Physical possession.
Explore this prime bank auction property featuring a commercial shop/office for sale in Nagpur. Located at Indira Arcade, Sitabuldi, this property (Office No. 112) offers a built-up area of 50.59 sq. mtrs on the first floor. Situated in a high-demand commercial area near D-Krishna and Dharampeth Mahila Sahakari Bank, this asset is available through a Union Bank of India e-auction. The property is currently under physical possession, ensuring a transparent acquisition process. With a reserve price of ₹51,93,000, this is an excellent opportunity for investors looking for commercial real estate in the heart of Nagpur. Participate in the upcoming e-auction scheduled for 29th September 2026 to secure this strategic business location.
GeoSquare note: This property is located in the highly commercial Sitabuldi area of Nagpur, making it a high-value asset. While the physical possession status adds security, the presence of a significant GST attachment encumbrance requires careful legal due diligence before bidding. The prime location and clear ownership category make it a strong investment for commercial purposes.
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