Flat for auction Manjalpur Vadodara 25 lakh Indian Overseas Bank

This is a residential flat located in Manjalpur, Vadodara, Gujarat. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act. It represents an opportunity to acquire a flat in a well-known area of Vadodara. The reserve price for this auction is INR 24,71,000, with an Earnest Money Deposit (EMD) of INR 2,47,100 required to participate.

Indian Overseas Bank is conducting a SARFAESI auction for a residential flat in Manjalpur, Vadodara, Gujarat. The auction will take place on November 24, 2025, starting at 11:30 AM and concluding at 03:30 PM. The reserve price is set at INR 24,71,000. Interested bidders must submit an EMD of INR 2,47,100. This auction provides a chance to purchase a property directly from the bank.

The property is a residential flat in a decent location, offered at a reasonable price through auction. The 'Calculated Opportunity' rating reflects the potential for value appreciation, balanced by the inherent risks associated with auction properties and the need for due diligence. Manjalpur is a developing area, making it suitable for both residential and investment purposes.