Property for Auction in Manjalpur, Vadodara, Gujarat
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
Submission Date:2025-11-23
Bid Start Date:2025-11-24
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Laba Kumar Sethi
Contact no:9167203035