Property for Auction in Manjipura Road, Nadiad, Gujarat
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
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Regional Office : Anand
Service Provider:BAANKNET
Contact Details:
Mr. S.K. Sahoo
Contact no:9952395442