House for auction 46 Karmvir Sundervan-III Manjipura Nadiad by BOI

Property for Auction in Manjipura Road, Nadiad, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Size
75 Sqmtr
Reserve Price
14,35,000
Reserve Price
14,35,000
EMD Required
1,43,500
Property Specifications
Society/BuildingKarmvir Sundervan-III
Size75 Sqmtr
Unit No.E/46
Floor
Possession Status
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Manjipura Road, Nadiad
Auction Date IconAuction Date:
30-10-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:599235

Bank Name:Union Bank of India

Branch Name:Regional Office : Anand

Reserve Price:14,35,000

EMD:1,43,500

Auction Time:12:00 Noon to 5.00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:29-10-2025 05:00 PM

Bid Start Date:2025-10-30

Property Description

A residential house located on Manjipura Road, Nadiad, Gujarat. This property is being auctioned by Union Bank of India under SARFAESI Act. The property offers a great opportunity for homebuyers or investors in a well-established area of Nadiad. The house is situated in a prime location with good connectivity and access to local amenities. Further details regarding the specific dimensions and condition of the house will be available in the detailed auction notice.

State:Gujarat

City:Nadiad

Area:Manjipura Road

Asset Category:Residential

Full Address:E/46, Karmvir Sundervan-III, Plot No E/46, Karmvir Sundervan-III, Near Karmvir Sundervatika-1, Opposite Prabhu Kutir, Manjipura Road, Nadiad, Gujarat, Manjipura Road, Nadiad

Building/Society:Karmvir Sundervan-III

Size:75 Sqmtr

Auction Description

Union Bank of India is conducting a SARFAESI auction for a residential house located on Manjipura Road, Nadiad, Gujarat. The auction will take place on 30-10-2025, starting at 12:00 PM and concluding at 05:00 PM. The reserve price for this auction is ₹14,35,000, with an Earnest Money Deposit (EMD) of ₹1,43,500 required. This is a significant opportunity to acquire property through a bank auction. Interested bidders are advised to review all auction terms and conditions, available on the Union Bank of India website or their authorized auction portal, prior to participating. The property belonged to Mr. Chetan Rameshbhai Patel.

Borrower Name:Mr Chetan Rameshbhai Patel

Auction Type:SARFAESI Auction

Guarantor Names:Pradeepkumar Rameshbhai Patel

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property presents a calculated opportunity due to its residential nature and location in Nadiad. The reserve price seems reasonable for the area, but potential buyers should assess the property's condition and market value. The auction terms, including EMD, should be carefully reviewed before bidding.

Contact Details

Branch:Branch Office : Regional Office : Anand

Service Provider:BAANKNET

Contact Details:

Mr. S.K. Sahoo

Contact no:9952395442

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