Flat for auction 140 on the Tith foor in Block, Ghatlodiya, Ahmedabad by Indian Bank

Discover an exceptional residential opportunity in Ahmedabad with this spacious flat located in the coveted Ghatlodiya area. Identified as Flat No. B-705 within the 'Shakti-140' scheme, this property offers a comfortable carpet area of 66.32 Sq. Mtrs. and a built-up area of 66.02 Sq. Mtrs., complemented by an undivided share of 16.50 Sq. Mtrs. of land. Situated in a well-established locality within TP Scheme No. 38 (Thaltej), the flat boasts a desirable 'Physical Possession' status, ensuring a smoother transition for the new owner. Its strategic location in Ghatlodiya, known for its excellent connectivity and urban amenities, makes it an ideal choice for families and individuals seeking convenience and a high quality of life. This property represents a valuable investment, combining contemporary living spaces with the advantages of a prime Ahmedabad address.

This Indian Bank e-auction presents a significant opportunity for prospective property buyers to acquire residential assets through a transparent and regulated SARFAESI process. The online auction for this specific flat in Ghatlodiya, Ahmedabad, is scheduled for July 23, 2025, commencing at 11:00 AM and concluding at 03:00 PM on the same day. Interested bidders must submit their applications by July 22, 2025, at 08:00 PM. A Reserve Price of INR 4,900,000.00 has been set, requiring an Earnest Money Deposit (EMD) of INR 490,000.00, which is fully refundable for non-successful bidders. It is crucial for new buyers to understand the importance of submitting the EMD before the deadline and to thoroughly review all auction terms and conditions. For any inquiries or assistance, bidders are encouraged to contact Mr. Mukesh Jangid, Chief Manager, at 079-27431248 or 8999910549. Detailed due diligence regarding the property and auction rules is highly recommended prior to participation.