Representative illustration — Flat bank auction in Memnagar
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Memnagar Ahmedabad 1.1 Crore by Indian Bank

Memnagar, Ahmedabad

Area: 156.35 sq. mtrs

Flat no 102, 1st floor, Ashray Apartment, sub plot no 10 of FP no 764, TPA no 3/5, village chhadavad, Memnagar, Ahmedabad

Indian Bank · STRESSED ASSET MANAGEMENT BRANCH Ahmedabad

Reserve price

₹1,09,40,000

EMD ₹10,94,000

Auction date

21 Aug 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 156.35 sq. mtrs
  • Locality: Memnagar
  • Reserve: ₹1,09,40,000
  • EMD: ₹10,94,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityMemnagar
Built-up / plot area156.35 sq. mtrs
LenderIndian Bank
BranchSTRESSED ASSET MANAGEMENT BRANCH Ahmedabad
Unit / flat no.Flat no 102
Building / societyAshray Apartment of Artij Owners Association
Floor1st floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Flat bank auction in Memnagar, Ahmedabad by Indian Bank — reserve price ₹1,09,40,000, 156.35 sq. mtrs, Symbolic possession.

Explore this prime bank auction property in the heart of Memnagar, Ahmedabad. This residential flat, located in the well-known 'Ashray Apartment of Artij Owners Association,' offers a spacious built-up area of 156.35 sq. mtrs. Situated on the 1st floor, the property is strategically located near key city landmarks. This bank auction presents a lucrative opportunity for home buyers and investors looking for a valuable asset in a developed locality of Ahmedabad. With a reserve price of ₹1,09,40,000, this auction is managed by Indian Bank. Prospective buyers are encouraged to participate in this e-auction on 21st August 2026. Secure your investment in one of Ahmedabad's sought-after residential zones through this transparent bank-led process.

GeoSquare note: The property is located in a well-established residential area of Memnagar, Ahmedabad, offering good connectivity and value. While the possession status is symbolic, the unit size and clear location make it a strong candidate for potential buyers. Given the reserve price and the reputation of the location, it is a favorable investment for those comfortable with the legal procedures of symbolic possession auctions.

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