Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611003
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹35,00,000
EMD:₹3,50,000
Auction Time:12:00 PM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A parcel of agricultural land located in Ahmedabad, Ahmedabad, Gujarat. This property is being auctioned by Canara Bank under SARFAESI regulations. The asset category is listed as Residential, however, the property type is Agricultural Land. The borrower for this auction is M/s Sanchit Dairy and Products. This presents a unique opportunity for investment or development in the growing Ahmedabad region.
State:Gujarat
City:Ahmedabad
Area:Ahmedabad
Asset Category:Residential
Full Address:Gat No 424/1 total admeasuring 1813 Sq. Mtr. of Maaje Anandwadi, Tai-14 Shrigonda Dist. Ahmednagar 413701, Anandwadi, Ahmednagar
Size:1813 sq. mtr.
Auction Description
Canara Bank is conducting a SARFAESI auction for agricultural land in Ahmedabad, Gujarat. The auction will commence on November 25, 2025, at 12:00 PM and conclude at 1:00 PM on the same day. The reserve price for this property is ₹3,500,000, with an Earnest Money Deposit (EMD) of ₹350,000 required to participate. This is a time-sensitive opportunity to acquire a significant land parcel.
Borrower Name:M/s Sanchit Dairy and Products
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vijay Pandurang Vangane, Mrs. Trupti Vijay Vangane
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The agricultural land in Ahmedabad presents a calculated opportunity due to its potential for agricultural use or future development. The reserve price is reasonable, and the location offers accessibility. However, potential investors should conduct thorough due diligence regarding local regulations and market demand before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
