Representative illustration — Commercial Property bank auction in Naroda, Asarva
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Strong Buy

Commercial Property for Auction Naroda Asarva Ahmedabad 2 Crore by U Gro Capital Limited

Naroda, Asarva, Ahmedabad

Area: 317.96 Sq. Mtrs.

Offices No. 01, 02, 03, 04, 05 on 2nd Floor, Ayushaman Plaza, New Block/Survey No. 619/3, TPS No. 121, FP No. 30/3, Mouje Naroda, Taluka Asarva, District & Sub District Ahmedabad, Gujarat.

U GRO CAPITAL LIMITED · Mumbai

Reserve price

₹2,03,47,848

EMD ₹20,34,784

Auction date

21 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 317.96 Sq. Mtrs.
  • Locality: Naroda, Asarva
  • Reserve: ₹2,03,47,848
  • EMD: ₹20,34,784

Auction snapshot

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityNaroda, Asarva
Built-up / plot area317.96 Sq. Mtrs.
LenderU GRO CAPITAL LIMITED
BranchMumbai
Unit / flat no.Office No. 01, 02, 03, 04, 05
Building / societyAyushaman Plaza
Floor2nd Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Commercial Property bank auction in Naroda, Asarva, Ahmedabad by U GRO CAPITAL LIMITED — reserve price ₹2,03,47,848, 317.96 Sq. Mtrs., Symbolic possession.

Discover a prime investment opportunity with this bank auction for 5 commercial offices located on the 2nd floor of 'Ayushaman Plaza' in Naroda, Asarva, Ahmedabad. These combined offices, offering a total area of approximately 317.96 Sq. Mtrs. (Carpet Area + UDS of Land), are situated in a well-connected commercial hub within Ahmedabad district. The property is offered by U GRO CAPITAL LIMITED with a competitive reserve price of ₹20,347,848.0. An Earnest Money Deposit (EMD) of ₹2,034,784.0 is required, with the last date for submission on July 20, 2026. The e-auction is scheduled for July 21, 2026. This commercial property for sale presents a significant opportunity for businesses or investors seeking bank auction properties in Ahmedabad. Potential buyers are advised to review all terms and conditions for this 'as is where is' property.

GeoSquare note: This offering of five combined commercial offices in Ahmedabad presents a strong investment opportunity, particularly given the growing commercial landscape of Naroda, Asarva. The collective area of 317.96 Sq. Mtrs. offers good potential for a single large business or multiple tenants. While the possession status is symbolic, which is standard for such auctions, the property's type and location in a recognized commercial scheme make it an attractive proposition. The reserve price seems fair, positioning this bank auction property as a solid option for investors in Ahmedabad.

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