Flat for auction 3 Parda, Udaipur - Parda, Udaipur by BOI

Prospective homebuyers looking for an excellent opportunity in Udaipur's property market should consider this appealing first-floor flat, offered through a Union Bank of India auction. Spanning approximately 800 sq. ft., this residential unit is strategically located in Parda, a prominent area within Udaipur, Rajasthan. The property is situated on plot number 3 of khasra number 724 to 726, benefiting from easy access with a road to its North and a street to its East, enhancing its connectivity and accessibility. Its configuration and desirable location make it an ideal choice for both personal residence and a sound investment. Udaipur is renowned for its cultural heritage and growing urban infrastructure, adding significant value to properties within its limits. This flat presents a unique chance to acquire a well-sized unit in a developing locality, potentially below market value, making it particularly attractive for first-time buyers or those expanding their real estate portfolio.

For those new to bank auctions, this Union Bank of India's SARFAESI auction presents a structured and transparent pathway to property acquisition. The flat, located in Parda, Udaipur, has a Reserve Price of INR 2,755,000.00, with an Earnest Money Deposit (EMD) required at INR 275,500.00, which is 10% of the reserve price. The auction is scheduled for February 14, 2025, from 12:00 PM to 05:00 PM, with the crucial application submission deadline set for February 13, 2025, at 05:00 PM. Conducted by the service provider BAANKNET, prospective bidders are advised to complete thorough due diligence, including legal and physical verification of the property. It is essential to deposit the EMD before the deadline to qualify for bidding. Interested parties should contact the provided numbers: 9983811120, 8141551535, or 9530454272 for further clarifications and assistance regarding the bidding process and terms. This auction offers a streamlined opportunity for securing a property at a competitive price.