Flat for Auction Itola Vadodara 6.9 Lakh by Edelweiss Asset Reconstruction Company Limited

Quick read

• ▸Possession: Symbolic
• ▸Area: 653.11 Sq. Ft.
• ▸Locality: Itola
• ▸Reserve: ₹6,93,000
• ▸EMD: ₹69,300

About this property

Flat bank auction in Itola, Vadodara by Edelweiss Asset Reconstruction Company Limited — reserve price ₹6,93,000, 653.11 Sq. Ft., Symbolic possession.

An excellent opportunity to acquire a residential flat through a bank auction in Itola, Vadodara, Gujarat. This property, Flat No. A-306, is located on the Third Floor of the well-known Sai Darshan Complex. The flat features a built-up area of 479.11 Sq. Ft. and an additional 174.00 Sq. Ft. of common area, totaling 653.11 Sq. Ft. The property is identified by R.S. No. 1753 Block No. 2833. Offered by Edelweiss Asset Reconstruction Company Limited, the e-auction is scheduled for August 10, 2016, from 11:00 AM to 01:00 PM, with a competitive reserve price of ₹6,93,000. Interested bidders must submit an EMD of ₹69,300 by August 8, 2016. Property inspection is available on August 3, 2016. Possession status is symbolic, and encumbrances are 'Not Known to Bank'. This bank auction property in Vadodara is an ideal investment.

GeoSquare note: This residential flat in Itola, Vadodara, offers a compelling investment opportunity due to its attractive reserve price of ₹6.93 Lacs for a 653 Sq. Ft. property. The location within Sai Darshan Complex in Vadodara is desirable. While the possession status is symbolic, which presents a moderate risk, the overall value proposition makes it a strong buy for potential investors or end-users.