Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610421
Bank Name:IDBI Bank
Branch Name:Mumbai
Reserve Price:₹77,70,000
EMD:₹7,77,000
Bid Increment:₹25,000
Auction Time:11 AM to 1 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-30
Bid Start Date:2025-12-01
Property Description
This is a residential flat located in Nana Mava, Rajkot, Gujarat. The property is being auctioned by IDBI Bank. It is an excellent opportunity to acquire a home in a developed area.
State:Gujarat
City:Rajkot
Area:Nana Mava
Asset Category:Residential
Full Address:402, Nirman Residency, Flat No. 402, Nirman Residency, Plot No. 10 of Revenue Survey No. 85/1, B/1 paiki which is more identify as F.P. No. 483 paiki of TP. Scheme No. 2 (Nana Mava), Nana Mava, Rajkot
Building/Society:Nirman Residency
Size:79.96 Sq. Mt.
Auction Description
IDBI Bank is conducting a SARFAESI auction for a residential flat in Nana Mava, Rajkot. The auction will take place on December 1, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹77,70,000, with an Earnest Money Deposit (EMD) of ₹7,77,000. This is a direct sale from the bank.
Borrower Name:Mr. Asarmad M Sidik Maulvi
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Nazira Abdulsamad Molvi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing locality of Rajkot. While the location offers potential, the reserve price needs careful consideration. It's a calculated opportunity for those seeking residential investments in Rajkot.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:BAANKNET
Contact Details:
Shri Umesh Singhania
Contact no:9967701574
