Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609329
Bank Name:Assets Care & Reconstruction Enterprise Ltd
Branch Name:Newdelhi
Reserve Price:₹14,00,000
EMD:₹1,40,000
Auction Time:2:30 PM to 3:30 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-02
Property Description
This is a residential house located in Mahika, Rajkot, Gujarat. The property is being auctioned by Assets Care & Reconstruction Enterprise Ltd. The borrower's name is Ajay Vallabhbhai Parmar. This SARFAESI auction presents an opportunity to acquire a house in a developing area of Rajkot.
State:Gujarat
City:Rajkot
Area:Mahika
Asset Category:Residential
Full Address:75+76/2, Om Tirumala Park, Sub-Plot No. 75+76/2 of Plot No. 75+ 76, situated in the residential area known as "Om Tirumala Park", Mahika, Rajkot
Building/Society:Om Tirumala Park
Size:67.33 sq. meters
Auction Description
Assets Care & Reconstruction Enterprise Ltd is conducting a SARFAESI auction for a residential house in Mahika, Rajkot, Gujarat. The reserve price for this auction is INR 14,00,000, with an Earnest Money Deposit (EMD) of INR 1,40,000. The auction will take place on December 2, 2025, starting at 02:30 PM and concluding at 03:30 PM. This is a prime opportunity for interested buyers to participate and potentially acquire the property.
Borrower Name:Ajay Vallabhbhai Parmar
Auction Type:SARFAESI Auction
Guarantor Names:Harshidaben Ajaybhai Parmar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Rajkot and reasonable reserve price makes it a calculated opportunity. While the size is modest, its residential nature and auction terms present a moderate investment potential. Further due diligence is advised before bidding.
Contact Details
Branch:Branch Office : Newdelhi
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Rohan Sawant
Contact no:9833143013
