Flat for auction Manjalpur Vadodara 26 lakh Indian Overseas Bank

Property for Auction in Manjalpur, Vadodara, Gujarat

Recommendation
Strong BuyScore: 7.5
Possession
Physical
Size
1020 Sq.feet
Reserve Price
26,36,000
Reserve Price
26,36,000
EMD Required
2,63,600
Property Specifications
Society/Building5th Avenue
Size1020 Sq.feet
Unit No.C403
Floor4th Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Manjalpur, Vadodara
Auction Date IconAuction Date:
24-11-2025 11:30 AM

Auction Details

Recommendation:Strong BuyScore: 7.5

Auction ID:613207

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 Manjalpur area of Vadodara, Gujarat. The property is being auctioned by Indian Overseas Bank under SARFAESI provisions. It presents a good opportunity for home ownership or investment in a well-established locality. The house is categorized as a residential asset and is owned by Mr. Ravi Alpeshkumar Patel. The auction is scheduled for November 24, 2025, offering a specific window for interested bidders. Details regarding the exact size, condition, and amenities of the house would be available in the full auction notice.

State:Gujarat

City:Vadodara

Area:Manjalpur

Asset Category:Residential

Full Address:C403, 5th Avenue, Flat No C403, 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, Gujarat. The auction will take place on November 24, 2025, starting at 11:30 AM and concluding at 03:30 PM. The reserve price for this property is INR 26,36,000, with an Earnest Money Deposit (EMD) of INR 2,63,600 required to participate. This is a prime opportunity to acquire a house in Vadodara. Prospective bidders are advised to thoroughly review all auction terms and conditions, inspect the property, and make all necessary due diligence checks before submitting their bids.

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's location in Manjalpur, Vadodara, and its reasonable reserve price make it a strong buy. The physical possession status adds to its appeal. While further due diligence is recommended, the auction terms appear favorable for potential investors and homeowners.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Laba Kumar Sethi

Contact no:9167203035

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