Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:599233
Bank Name:Union Bank of India
Branch Name:Regional Office : Anand
Reserve Price:₹8,23,000
EMD:₹82,300
Auction Time:12.00 Noon to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
Property Description
A residential flat located on Manjipura Road, Nadiad, Gujarat. This property is being auctioned by Union Bank of India under SARFAESI Act. The flat is ideal for individuals or families looking for a home in a well-connected area of Nadiad. It represents a good investment opportunity with potential for comfortable living.
State:Gujarat
City:Nadiad
Area:Manjipura Road
Asset Category:Residential
Full Address:403, Karamvir Sundervatika, Flat No 403, Tower-II, Karamvir Sundervatika, Near Karamvir Sundervan, Opposite Prabhu Kutir, Manjipura Road, Nadiad Gujarat, Manjipura Road, Nadiad
Building/Society:Karamvir Sundervatika
Size:45.00 Sqmtr
Auction Description
Union Bank of India presents a SARFAESI auction for a residential flat situated on Manjipura Road, Nadiad, Gujarat. The auction will be held online on October 30, 2025, from 12:00 PM to 5:00 PM. The reserve price is INR 8,23,000, with an Earnest Money Deposit (EMD) of INR 82,300. This is a prime opportunity to acquire a property in Nadiad. Interested bidders are advised to review all auction terms and conditions prior to participating.
Borrower Name:Mr. Pradyumanbhai Devchandbhai Shrimali
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Gitaben P Shrimali
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Nadiad, a tier-2 city in Gujarat. The reserve price seems reasonable for the area, but further due diligence is needed on the property's condition and local market trends. Given the available information, it's a calculated opportunity with moderate potential.
Contact Details
Branch:Branch Office : Regional Office : Anand
Service Provider:BAANKNET
Contact Details:
Mr. S.K. Sahoo
Contact no:9952395442
