Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612179
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹19,20,000
EMD:₹1,92,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
A residential flat located in Bharuch, Gujarat, brought to auction by the Bank of India. This property, formerly owned by Mr. Ahmed Ismail Patel, is categorized as a residential asset and is being sold under the SARFAESI Act. Situated in the city of Bharuch, this flat presents an opportunity for home ownership or investment in a developing area.
State:Gujarat
City:Bharuch
Area:Bharuch
Asset Category:Residential
Full Address:33/2, Sahara Township, Moje Dungri, Bearing R. S. No. 60/1, 60/3, 60/6, 60/7, 60/8, 60/9, 61/4 & 61/7, "Sahara Township", Plot No 33/2 Paiki, Dungri, Bharuch
Building/Society:Sahara Township
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential flat in Bharuch, Gujarat. The auction has a reserve price of INR 19,20,000 and requires an EMD of INR 1,92,000. The bidding will commence on November 25, 2025, at 11:00 AM and will conclude on the same day at 05:00 PM. Interested parties should review all auction terms and conditions provided by the Bank of India.
Borrower Name:Mr Ahmed Ismail Patel
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The flat's location in Bharuch and availability at a bank auction present a calculated opportunity. The reserve price seems reasonable, and further due diligence on property condition and legal aspects is advised. Location is good but further research of local market require.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:Public Auction
Contact Details:
Contact no:8878965825
