Flat for auction 204 Dharamvatika, Vatva, Ahmedabad by SBI

Discover an outstanding residential opportunity in Vatva, Ahmedabad, with this attractive flat located within the well-regarded 'Dharamvatika' scheme. Situated on the second floor of Block E, this meticulously detailed Flat No. 204 offers a spacious built-up area of approximately 127.87 square meters, providing ample living space designed for comfort and modern lifestyles. Additionally, the property includes an undivided proportionate share of about 44.83 square meters in the scheme, enhancing its overall value and appeal. Nestled in Mouje Hathijan, Taluka-Vatva, a burgeoning area of Ahmedabad, this location promises convenience and connectivity to essential services and urban amenities. Ideal for first-time homebuyers or astute investors, this property represents a compelling chance to acquire a significant asset in a desirable Gujarat locale, promising long-term growth and a quality living environment within a well-established community.

This exceptional property is being offered through a structured SARFAESI auction by the State Bank of India, ensuring a transparent and regulated acquisition process. The bidding for this prime flat is set to commence on February 25, 2025, at 12:00 PM, concluding on the same day at 05:00 PM. Prospective buyers must note the crucial application submission deadline of February 24, 2025, by 05:00 PM. The Reserve Price for this asset is set at 5,200,000.00 INR, with an Earnest Money Deposit (EMD) of 520,000.00 INR required to participate, which is typically a percentage of the reserve price and refundable to non-successful bidders. For comprehensive details regarding the auction terms, property inspection, or any specific queries, interested parties are strongly advised to contact J M Rathod at Mob. 7600038900. Diligent preparation and adherence to the stated timelines are paramount for a successful bid in this competitive bank auction environment.