Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613578
Bank Name:DCB Bank
Branch Name:Ahmedabad
Reserve Price:₹20,00,000
EMD:₹2,00,000
Auction Time:11.00A.M.-1.00P.M.
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. It is being auctioned by DCB Bank under the SARFAESI Act. The flat is an asset of NIRAV KUMAR PATEL. Key details include a reserve price of INR 2,000,000 and an Earnest Money Deposit (EMD) of INR 200,000. This is a prime opportunity to acquire property in the vibrant city of Vapi.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:509, Surya Darshan Heights, Residential Flat No. 509, Surya Darshan Heights, Village Vapi, Valsad, Vapi, Valsad
Building/Society:Surya Darshan Heights
Size:55.76 sq. mtrs
Auction Description
DCB Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The property has a reserve price of INR 2,000,000 and requires an EMD of INR 200,000. This is a sealed bid auction. Prospective bidders are advised to conduct their own due diligence regarding the property's condition and legal status.
Borrower Name:NIRAV KUMAR PATEL
Auction Type:SARFAESI Auction
Guarantor Names:HANSABEN LALJIBHAI PATEL
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Vapi, offered at a reasonable reserve price. Its location in Surya Darshan Heights and the auction terms make it a calculated opportunity for potential buyers. However, due diligence is advised given it is a bank auction.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankauctions.in
Contact Details:
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