Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609423
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹65,77,059
EMD:₹6,57,705
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:22-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. The property is being auctioned by Bank of Baroda under the SARFAESI Act. It is an excellent opportunity for prospective buyers to acquire a property in a well-established area. The flat is suitable for individual or family living.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:A/202 and A/203, Ekta Royal, Flat no. A/202 and Flat No A/203, second floor of the "A" building known as "Ekta Royal", Village: Vapi, Taluka: Vapi, District Valsad, State: Gujarat, Vapi, Valsad
Building/Society:Ekta Royal
Size:1555 sq. feet's
Auction Description
Bank of Baroda is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will take place on November 24, 2025, from 02:00 PM to 04:00 PM. The reserve price for this property is INR 6,577,059.0, with an Earnest Money Deposit (EMD) of INR 657,705.0. This auction presents a chance to purchase a property directly from the bank.
Borrower Name:M/s MLS Packers
Auction Type:SARFAESI Auction
Guarantor Names:Amit S Jhunjhunwala, Avinash S Jhunjhunwala, Sushil S Jhunjhunwala, Ushadevi S Jhunjhunwala, Sheokumar SJhunjhunwala
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Vapi, Valsad, a developing industrial area, and the availability of physical possession make it a reasonable investment. The reserve price appears fair for the size and location, but potential investors should conduct thorough due diligence. The auction terms are standard, suggesting a relatively straightforward transaction.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Chief Manager
Contact no:02632-241454
