Flat for auction 11 Kaigi Appts, OppJayhind Hind School, Rajpur-Hirpur, Ahmedabad by SBI

Presenting a remarkable residential opportunity in Ahmedabad: a spacious Flat No. F-11 on the 3rd floor of Kaigi Apartments. Spanning an impressive 122 square meters, this furnished flat offers immediate occupancy potential, making it an ideal choice for a family residence or a ready-to-rent investment. Strategically located in Maninagar, a well-established and highly sought-after locality in Rajpur-Hirpur, Ahmedabad, the property benefits from excellent connectivity and proximity to essential amenities. Its position opposite Jayhind School Road highlights access to quality educational institutions and daily conveniences. Maninagar is renowned for its vibrant community, robust infrastructure, and easy access to major city hubs, promising a comfortable and convenient lifestyle for its residents. This property represents a compelling acquisition for new buyers seeking a value-for-money asset in a prime urban setting.

This attractive property is being offered through a SARFAESI Auction by the State Bank of India, ensuring a transparent and legally sound acquisition process for new buyers. The auction is scheduled for February 6, 2025, from 12:00 PM to 5:00 PM, with applications due by 5:00 PM on February 5, 2025. A Reserve Price of INR 5,770,000.00 has been set, requiring an Earnest Money Deposit (EMD) of INR 577,000.00 to participate; this amount is typically 10% of the reserve price and is refundable if unsuccessful. Bidders are strongly advised to conduct thorough due diligence, including property inspection and legal verification, prior to the application submission. For further details and assistance with the e-auction platform, BAANKNET, prospective buyers can contact Dinesh Kaneria at 9898353864 or 9099024089. This is a prime opportunity to acquire a clear-titled asset directly from a reputable bank.