Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613587
Bank Name:DCB Bank
Branch Name:Ahmedabad
Reserve Price:₹6,49,000
EMD:₹65,000
Auction Time:11.00A.M.-1.00P.M.
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. It is being auctioned by DCB Bank under the SARFAESI Act. The property offers a potential opportunity for homeownership or investment in a developing area.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:G-03, KARMABHUMI COMPLEX, FLAT NO.G-03, KARMABHUMI COMPLEX, BUILDING-E, AT. CHANOD, TA. VAPI, DIST.VALSAD, Chanod, Vapi
Building/Society:KARMABHUMI COMPLEX
Size:515.00 sq.fts
Auction Description
DCB Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will take place on November 26, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹6,49,000 and the Earnest Money Deposit (EMD) is ₹65,000. This is a significant opportunity to acquire property through a bank auction.
Borrower Name:SUKANT SAHOO
Auction Type:SARFAESI Auction
Guarantor Names:SUMITRA SAHOO
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in Vapi, offers a reasonable investment opportunity given its location and reserve price. However, further due diligence is recommended due to the auction terms and possession status. The 'Calculated Opportunity' tier reflects the need for careful assessment before bidding.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankauctions.in
Contact Details:
Contact no: —
