Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613208
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹24,71,000
EMD:₹2,47,100
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 Manjalpur, Vadodara, Gujarat. It is being auctioned by Indian Overseas Bank under SARFAESI Act. The property offers a living space in a well-connected area of Vadodara.
State:Gujarat
City:Vadodara
Area:Manjalpur
Asset Category:Residential
Full Address:501, 5th Avenue, 5th Floor, Flat No 501, Tower-D2, 5th Avenue Near Aivar Naka, Saraswati GIDC Road, Manjalpur, Manjalpur, Vadodara
Building/Society:5th Avenue
Size:850 Sq. Ft
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential flat in Manjalpur, Vadodara, Gujarat. The auction has a reserve price of INR 24,71,000 and requires an Earnest Money Deposit (EMD) of INR 2,47,100. The auction will commence on November 24, 2025, at 11:30 AM and conclude at 03:30 PM on the same day. This presents an opportunity to acquire property through a bank auction.
Borrower Name:Mr Dhavalkumar Patel
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This Manjalpur flat presents a reasonable investment prospect due to its accessible reserve price and residential appeal. While not a prime investment, its location in Vadodara makes it a worthwhile consideration for local buyers. Further due diligence is advised regarding area growth and property condition.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Laba Kumar Sethi
Contact no:9167203035
