Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609460
Bank Name:IDBI Bank
Branch Name:Registered Office
Reserve Price:₹90,00,000
EMD:₹9,00,000
Bid Increment:₹25,000
Auction Time:11 AM to 1 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-29
Bid Start Date:2025-12-01
Property Description
This is a residential flat located in Vadodara, Gujarat, being auctioned by IDBI Bank. The property is offered under the SARFAESI Act and presents an opportunity for prospective buyers in the Vadodara area. Ideal for individuals or families seeking a home in this prominent Gujarat city.
State:Gujarat
City:Vadodara
Area:Vadodara
Asset Category:Residential
Full Address:B-1202, Sai Shukan, Tower-Satyam, Flat No. B-1202, Tower-Satyam, Sai Shukan, Opp. Gaekwad Golf Course, Nr. Kashivishwanath Temple, Kirti Stambh Lalbaugh Road, Navapura, Navapura, Vadodara
Building/Society:Sai Shukan, Tower-Satyam
Size:1722 Sq. ft.
Auction Description
IDBI Bank is conducting a SARFAESI auction for a residential flat in Vadodara, Gujarat. The auction has a reserve price of ₹90,00,000 and requires an EMD of ₹9,00,000. The auction will take place on December 1, 2025, from 11:00 AM to 01:00 PM. This is a secured asset auction of a property formerly belonging to Mr. Pankaj Harkishandas Parekh.
Borrower Name:Mr. Pankaj Harkishandas Parekh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The flat in Navapura, Vadodara offers decent space and is positioned as a calculated opportunity given its reserve price and location. While not a prime investment, its accessible location and size present potential value. Prospective buyers should conduct due diligence and factor in potential statutory liabilities.
Contact Details
Branch:Branch Office : Registered Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
