Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613568
Bank Name:DCB Bank
Branch Name:Ahmedabad
Reserve Price:₹16,42,000
EMD:₹1,65,000
Auction Time:11:00A.M. to 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. The property is being auctioned by DCB Bank under the SARFAESI Act. It presents a good opportunity for real estate investment in a developing area.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:B/201, Peace Avenue, Flat No.B/201, Peace Avenue, Dungra, Tal: Vapi, Dist: Valsad, Dungra, Vapi
Building/Society:Peace Avenue
Size:1155.00 sq. ft.
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 for this auction is ₹16,42,000, with an Earnest Money Deposit (EMD) of ₹1,65,000. This is a bank-initiated auction for the property of Junaid Ansari.
Borrower Name:JUNAID ANSARI
Auction Type:SARFAESI Auction
Guarantor Names:NARGIS JAHA
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in Vapi, Gujarat, presents a reasonable investment opportunity. The reserve price and EMD are relatively accessible, and the location is promising. However, potential investors should carefully assess the market conditions and property specifics before bidding.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankauctions.in
Contact Details:
Contact no: —
