Representative illustration — Flat bank auction in Satlasana
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Satlasana Mehsana 5.5 Lakh by Asset Reconstruction Company India Ltd Arcil 10 Aug 2026

Satlasana, Mehsana

Area: 585 Sq. Ft.

Property No. 3240 and Akarani Patrak No. 3240, Flat No. 105, 1st Floor, Aravalli Apartment, Near Natubhai Dawakhana, Near Bust Stand, At & Tal. Satlasana. Dist Mehsana, Gujarat-384330

Asset Reconstruction Company (India) Ltd. (Arcil) · Ahmedabad

Reserve price

₹5,50,000

EMD ₹55,000

Auction date

10 Aug 2026, 05:30 PM

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Quick read

  • Possession: Physical
  • Area: 585 Sq. Ft.
  • Locality: Satlasana
  • Reserve: ₹5,50,000
  • EMD: ₹55,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalitySatlasana
Built-up / plot area585 Sq. Ft.
LenderAsset Reconstruction Company (India) Ltd. (Arcil)
BranchAhmedabad
Unit / flat no.Flat No. 105
Building / societyAravalli Apartment
Floor1st Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Flat bank auction in Satlasana, Mehsana by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹5,50,000, 585 Sq. Ft., Physical possession.

Discover a prime residential opportunity with this 1st-floor flat (Flat No. 105) spanning 585 sq. ft. in Aravalli Apartment, Satlasana, Mehsana, Gujarat. This bank auction property is strategically located near Natubhai Dawakhana and the Bust Stand. The property will be available for physical possession on 16-10-2022. With a reserve price of ₹5,50,000 and an EMD of ₹55,000, this flat offers an attractive investment in a growing locality. An inspection is scheduled for 18-07-2026, leading up to the e-auction on 10-08-2026 at 05:30 PM. Secure your chance to own a valuable asset in Mehsana through this ARCIL auction.

GeoSquare note: This 585 sq. ft. flat in Satlasana, Mehsana, appears to be a strong buy given its physical possession status and clear 'Not Known to Bank' encumbrance. The reserve price of ₹5,50,000 for a 1st-floor flat offers good value in a developing area. Its location near a bus stand and a local clinic suggests decent accessibility and local amenities, making it a promising residential investment.

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