Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612796
Bank Name:Indian Bank
Branch Name:Zonal Office : Surat
Reserve Price:₹16,21,000
EMD:₹1,62,100
Bid Increment:₹10,000
Auction Time:10:00 AM to 5:00 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. The property is being auctioned by Indian Bank under SARFAESI Act. This is an excellent opportunity to acquire a property in a developing area.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:307, Varda Enclave, Residential Flat No. 307, on 3rd floor of the building known as “Varda Enclave’ constructed upon land bearing City Survey no. 3336, 3337, 3338 and 3348 Paikee, Moje-Vapi Ta-Vapi, Dist-Valsad, Vapi, Valsad
Building/Society:Varda Enclave
Size:1380 sqft
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will take place on November 26, 2025, from 10:00 AM to 05:00 PM. The reserve price for this auction is INR 16,21,000, with an EMD of INR 1,62,100 required to participate. Don't miss this chance to bid on this property.
Borrower Name:M/s. Calitech Clean Air Services
Auction Type:SARFAESI Auction
Guarantor Names:Premal Babubhai Patel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area with a reasonable reserve price. While the location may not be prime, the size and type of property make it a calculated opportunity for those seeking affordable housing. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Zonal Office : Surat
Service Provider:ebkray
Contact Details:
Authorised Officer
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