Commercial Building SARFAESI Auction Symbolic Possession

32.42 sq meter Commercial Building for Auction in Pune – Indian Bank

Pune, Maharashtra · Auction ID #113361

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Commercial Building for auction in Pune – Indian Bank – photo 1
Commercial Building for auction in Pune – Indian Bank – photo 2
Commercial Building for auction in Pune – Indian Bank – photo 3
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Reserve Price ₹1,10,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 18 Nov 2026, 11:32 AM In 3 days
EMD Last Date 18 Nov 2026, 05:00 PM In 3 days
Area32.42 sq meter
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
32.42 sq meter (≈ 348 sq ft)
Reserve price / sq ft
₹31,521
Locality
—
City
Pune
Pincode
411021
Address
Pune, Maharashtra, 411021 View on map

Description (as per sale notice)

Shop No. 03, on Upper Ground Floor, having admeasuring built up area 32.42 Sq. Mtrs. i.e. 349 Sq. Fts. in the project known as "NK-IMAGE APARTMENT" constructed on land admeasuring area 408.19 Sq. Mtrs. bearing CTS No. 2015, situated at Village Sadashiv Peth, Taluka Pune City, District Pune owned by Mr. Vineet Dnyaneshwar Andre and Mr. Amit Dnyaneshwar Andre

BAANKNET Property ID: IDIB30532925111A
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Bank & Auction Details

Bank / Lender
Indian Bank
Branch
KALYANI NAGAR - 1702
Auction type
SARFAESI Auction
Borrower
M/s D***** T***** S***** I**** P*** L*****
Auction start
18 Nov 2026, 11:32 AM
Auction end
18 Nov 2026, 05:00 PM
EMD submission deadline
18 Nov 2026, 05:00 PM
Inspection
06 Nov 2026, 11:12 AM – 16 Nov 2026, 11:00 AM
Authorised officer
SENTHILNATHAN S
Officer contact
9823138984
E-auction portal
BAANKNET (Property ID IDIB30532925111A)
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Price Check

This listing's reserve price works out to ₹31,521 per sq ft. The average across commercial bank auctions in Pune on our site is ₹9,897 per sq ft, so this one is 218% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 6 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IDIB30532925111A)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 18 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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