Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614058
Bank Name:Canara Bank
Branch Name:Circle Office : Gandhinagar
Reserve Price:₹6,35,000
EMD:₹63,500
Auction Time:01:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A residential flat located in Nandawala, Valsad, Gujarat. This property is being auctioned by Canara Bank under the SARFAESI Act. It represents an opportunity to acquire a flat in the Valsad area.
State:Gujarat
City:Valsad
Area:Nandawala
Asset Category:Residential
Full Address:108, Shubh Mangal Apartment, Block/Survey No. 262/1 Paki 2. Plot No. 22, 23, 24 Flat No. 108, First Floor, Shubh Mangal Apartment Nr. Sai Charan Hotel Opp. Hotel Ladli Food Court, Nr. Shubh Mangal Heights, On National Highway No. 48. Mouje. Nandavla, Taluka: Valsad, District: Valsad-396001, Nandawala, Valsad
Building/Society:Shubh Mangal Apartment
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Nandawala, Valsad, Gujarat. The auction will take place on November 25, 2025, from 1:00 PM to 3:00 PM. The reserve price is ₹635,000.00, with an Earnest Money Deposit (EMD) of ₹63,500.00 required to participate. This is a public auction for the recovery of dues from Mr. Bhavinkumar Amrutlal Naik.
Borrower Name:Mr. Bhavinkumar Amrutlal Naik
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The flat's location in Valsad, near key amenities and the national highway, makes it a reasonable investment. The reserve price is attractive, but potential investors should assess the condition and market value of similar properties in the area before bidding. Auction terms are standard, presenting a moderate level of risk and reward.
Contact Details
Branch:Branch Office : Circle Office : Gandhinagar
Service Provider:BAANKNET
Contact Details:
Contact no: —
