Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613206
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹12,62,000
EMD:₹1,26,200
Auction Time:11:30 am to 03:30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
This is a residential flat located in the Gotri area of Vadodara, Gujarat. The property is being auctioned by the Indian Overseas Bank under the SARFAESI Act. The borrower is Mr. Jitendra Antolbhai Parmar. This is an opportunity to acquire a property in a developed city in Gujarat.
State:Gujarat
City:Vadodara
Area:Gotri
Asset Category:Residential
Full Address:204, Sankalp Flats, Sankalp Flats, Flat No. 204, 2nd Floor Near Gotri Bridge, Saibaba Mandir, Mouje Gotri, Gotri, Vadodara
Building/Society:Sankalp Flats
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential flat in Gotri, Vadodara. The auction has a reserve price of 12,62,000 and requires an EMD of 1,26,200. The auction will take place online on November 24, 2025, starting at 11:30 AM and concluding at 03:30 PM. Interested bidders should review all auction terms and conditions.
Borrower Name:Mr Jitendra Antolbhai Parmar
Auction Type:SARFAESI Auction
Guarantor Names:Parmar Ushaben
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Gotri, Vadodara presents a calculated opportunity due to its affordable reserve price and physical possession status. While not a prime investment, its accessible price point and strategic location near key landmarks make it a worthwhile consideration for budget-conscious buyers. Auction terms are standard, requiring careful evaluation.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Laba Kumar Sethi
Contact no:9167203035
