Property for Auction in Jam-Khambhaliya, Jamnagar, Gujarat
Auction ID:538861
Bank Name:Hero Housing Finance Limited
Branch Name:Regd Office : New Delhi
Reserve Price:₹7,00,000
EMD:₹70,000
Service Provider:Public Auction
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Located in Jam-Khambhaliya, Jamnagar, Gujarat, this residential flat offers a promising opportunity for homeowners and investors alike. The property, identified as Flat No. 202 in AARADHANA APARTMENT, boasts a super built-up area of 65.148 square meters, situated on the second floor. Its strategic position on the Jamnagar Khambhaliya Road places it within a developing area of Gujarat, known for its growing infrastructure and connectivity. The flat is part of a broader residential scheme with established municipal survey numbers, indicating a structured development. While the description details its precise location within the Ward No 15, Sheet No 346 area, further local area research is advised to understand the immediate neighborhood amenities, transport links, and potential for future appreciation. This property represents a chance to acquire a tangible asset in a region with economic potential.
State:Gujarat
City:Jamnagar
Area:Jam-Khambhaliya
Asset Category:Residential
This property presents an excellent opportunity for new buyers looking to enter the real estate market through a transparent bank auction process. The auction is conducted by Hero Housing Finance Limited under the SARFAESI Act, a well-established framework for the sale of secured assets. The reserve price for this residential flat is set at ₹700,000, with an Earnest Money Deposit (EMD) of ₹70,000 required to participate. Prospective bidders must submit their applications by July 30, 2025, 5:00 PM, ensuring ample time for due diligence. The auction will take place on July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. This is a straightforward process designed to facilitate fair transactions. For any queries, interested parties can contact Mr. Shekhar Singh at 9711522275. Familiarizing yourself with the SARFAESI Act and the specific auction terms and conditions is highly recommended before placing any bids.
Borrower Name:Mr.Vakatar Shantilal Somabhai
Auction Type:SARFAESI Auction
Mr.ShekharSingh:9711522275