Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613274
Bank Name:Indian Bank
Branch Name:STRESSED ASSET MANAGEMENT BRANCH Ahmedabad
Reserve Price:₹55,00,000
EMD:₹5,50,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in the Akota area of Vadodara, Gujarat. The property is being auctioned by Indian Bank.
State:Gujarat
City:Vadodara
Area:Akota
Asset Category:Residential
Full Address:404, Bhadralok, Tower-B, Flat No. 404, 4th Floor, Tower-B, Bhadralok, Old Padra Road, Akota, Vadodara, Akota, Vadodara
Building/Society:Bhadralok, Tower-B
Size:2230.00 Sq. Ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Akota, Vadodara. The auction will take place on November 25, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹55,00,000 and the EMD is ₹5,50,000. This is an opportunity to acquire a property through a bank auction.
Borrower Name:Shri Gurusharan Singh Sethi
Auction Type:SARFAESI Auction
Guarantor Names:Shri Gurusharan Singh Sethi, Shri Harjas G Sethi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to the Branch
Why This Property
This property in Akota, Vadodara, offers a decent opportunity given its size and residential nature. The price seems reasonable, but prospective buyers should carefully evaluate the location and building conditions before bidding. It's a Calculated Opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : STRESSED ASSET MANAGEMENT BRANCH Ahmedabad
Service Provider:BAANKNET
Contact Details:
Mr. Yash Anand
Contact no:7015520677
