Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613832
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹5,05,000
EMD:₹50,500
Auction Time:11 am to 5 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
A residential flat located in Vapi, Valsad, Gujarat. This property is being auctioned by the Bank of India due to loan default by the borrower, Mr. Bajrangilal Jagatram Yadav. The flat falls under the residential asset category and is available through a SARFAESI auction.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:310, Towheed Park, moje Dungra, Survey No. 98/1 Paiki 1, "Towheed Park", 3rd floor, Flat no. 310, Dungra, Vapi
Building/Society:Towheed Park
Size:941 sq. Mtrs
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will commence on December 9, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹5,05,000, with an Earnest Money Deposit (EMD) of ₹50,500 required to participate.
Borrower Name:Mr. Bajrangilal Jagatram Yadav
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity given its location in Vapi and the relatively low reserve price. While it's a residential flat undergoing symbolic possession, the price point may attract investors. Careful due diligence is necessary to assess the encumbrances and legal standing.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:9771453995
