Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612147
Bank Name:The Mehsana Urban Co-operative Bank Ltd.
Branch Name:Mehsana
Reserve Price:₹32,76,890
EMD:₹3,27,689
Bid Increment:₹25,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in the prime area of Sabarmati, Ahmedabad, Gujarat. The property is being auctioned by The Mehsana Urban Co-operative Bank Ltd. under the SARFAESI Act. This is a great opportunity to acquire a property in a well-developed locality. The flat is suitable for individuals or families looking for a comfortable living space in Ahmedabad.
State:Gujarat
City:Ahmedabad
Area:Sabarmati
Asset Category:Residential
Full Address:303, Pushti Sparsh Arcade, Shop no, 303, 3th floor, Pushti Sparsh Arcade, Nr Sheel Petrol Pump, Nr Dharmendra Nagar-2, Sabarmati area, Acher, Ahmedabad, Sabarmati, Ahmedabad
Building/Society:Pushti Sparsh Arcade
Size:41.76 sq.mtrs
Auction Description
The Mehsana Urban Co-operative Bank Ltd. is conducting a SARFAESI auction for a residential flat in Sabarmati, Ahmedabad. The auction will take place on 25-11-2025, starting at 02:00 PM and ending at 06:00 PM. The reserve price for this property is INR 32,76,890, with an Earnest Money Deposit (EMD) of INR 3,27,689 required to participate. Don't miss this chance to bid on this valuable asset formerly associated with M/S Sai Corporation.
Borrower Name:M/S Sai Corporation
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Shailesh B Ravat
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a commercial flat in Sabarmati, Ahmedabad, presents a calculated opportunity. The location is decent, and the reserve price seems reasonable. However, potential investors should conduct due diligence on the property's encumbrances and market value before bidding.
Contact Details
Branch:Branch Office : Mehsana
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:8347015611
