Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612174
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹7,50,000
EMD:₹75,000
Bid Increment:₹10,000
Auction Time:11 am to 5 pm
Service Provider:Public Auction
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 Ankleshwar, Bharuch, Gujarat. The property is being auctioned by the Bank of India under the SARFAESI Act. It presents a unique opportunity for prospective buyers looking for real estate in this developed industrial area.
State:Gujarat
City:Bharuch
Area:Ankleshwar
Asset Category:Residential
Full Address:GF/02, Sallok Avenue, Flat No. GF/02, Sallok Avenue, R.S. No. 271, Gadkhol, Rajpipla Chokdi, Ta. Ankleshwar, Dist: Bharuch, Gadkhol, Rajpipla Chokdi, Ankleshwar
Building/Society:Sallok Avenue
Size:516.5 Sq.Ft
Auction Description
The Bank of India is conducting an e-auction for a residential flat in Ankleshwar, Bharuch, Gujarat. The auction will be held on November 25, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price for this SARFAESI auction is ₹7,50,000, with an Earnest Money Deposit (EMD) of ₹75,000 required to participate. This is a chance to acquire a property at a competitive price directly from the bank.
Borrower Name:Mr Prakash Chand Gupta
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its residential nature and location in Ankleshwar. While the reserve price is relatively low, potential buyers should consider the market conditions and complete due diligence. The physical possession status adds a positive aspect, but further investigation into the property's condition is advised.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:Public Auction
Contact Details:
Contact no:9898160510
