Flat for Auction Paldi Ahmedabad 2.3 Crore by Federal Bank

Quick read

• ▸Possession: Physical
• ▸Area: 316.05 sq. mtrs
• ▸Locality: Paldi
• ▸Reserve: ₹2,34,00,000
• ▸EMD: ₹23,40,000

About this property

Flat bank auction in Paldi, Ahmedabad by Federal Bank — reserve price ₹2,34,00,000, 316.05 sq. mtrs, Physical possession.

Participate in this premium bank auction for a spacious residential flat in the prestigious 'Stavan Anitra' complex, located in the prime locality of Paldi, Ahmedabad. This property features an amalgamated unit (Flat No. 1101 & 1102) on the 11th floor, offering a generous carpet area of 316.05 sq. mtrs (approx 600 sq. yds super built-up). This bank auction property is a rare opportunity to invest in a highly sought-after area of Ahmedabad. With physical possession held by Federal Bank, this auction provides a secure investment pathway. Interested bidders should note the legal background regarding subsequent sale deeds and ensure due diligence on all society dues and encumbrances. Don't miss this opportunity to acquire a large, well-located residence through a transparent Federal Bank auction process.

GeoSquare note: The property is located in a prime area of Paldi, Ahmedabad, with a significant living space due to the amalgamation of two flats. However, the complex legal history involving multiple third-party sale deeds creates potential title risks that require thorough verification by a legal professional before bidding. While the physical possession is with the bank, the encumbrance status necessitates caution.