Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613201
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹26,36,000
EMD:₹2,63,600
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 house located in the prime area of Manjalpur, Vadodara, Gujarat. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act. It offers a great opportunity for homebuyers or investors looking for a property in a well-established locality. The house is ideal for families seeking a comfortable living space.
State:Gujarat
City:Vadodara
Area:Manjalpur
Asset Category:Residential
Full Address:C404, 5th Avenue, Flat No C404, 4th Floor, Tower-C, 5th Avenue, Revenue Survey No 250 paiki 2, 250 paiki 3 T.P Scheme No 29, F.P No 135, Manjalpur, Vadodara
Building/Society:5th Avenue
Size:1020 Sq.feet
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential house in Manjalpur, Vadodara. The auction will commence on November 24, 2025, at 11:30 AM and conclude at 03:30 PM on the same day. The reserve price for this auction is ₹26,36,000, with an Earnest Money Deposit (EMD) of ₹2,63,600. This is a significant opportunity to acquire a property through a transparent bidding process.
Borrower Name:Mr Ravi Alpeshkumar Patel
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a known complex, which offers decent investment potential. However, the price and specific location nuances require a calculated approach. The property type is residential, auction date is 2025-11-24.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Laba Kumar Sethi
Contact no:9167203035
