Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613108
Bank Name:Debts Recovery Tribunal
Branch Name:Ahmedabad
Reserve Price:₹10,00,000
EMD:₹1,00,000
Bid Increment:₹10,000
Auction Time:12.00pm to 01.00pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-16-12
Property Description
This is a SARFAESI auction for a residential house located in Manavadar, Junagadh, Gujarat. The property is being auctioned by the Debts Recovery Tribunal as part of a debt recovery process related to M/s. Amar Ginning & Pressing Factory.
State:Gujarat
City:Junagadh
Area:Manavadar
Asset Category:Residential
Full Address:15, Shree Sahjanand Co-Op. Housing Society Ltd., Block No. 15, City Survey No. 3023/P, Shree Sahjanand Co-Op. Housing Society Ltd. Road, Off Station Road, Village Manavadar, Manavadar, Junagadh
Building/Society:Shree Sahjanand Co-Op. Housing Society Ltd.
Size:200.02 sq. mtrs
Auction Description
An online SARFAESI auction will be held by the Debts Recovery Tribunal for a residential house in Manavadar, Junagadh, Gujarat. The auction will commence on December 16, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price is INR 1,000,000, with an Earnest Money Deposit (EMD) of INR 100,000 required to participate.
Borrower Name:M/s. Amar Ginning & Pressing Factory
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vallabhdas Savjibhai Tank, Mr. KanjibhaiVallabhdas Tank, Mr. KanakkumarVallabhdas Tank, Mrs. Hemaliben Kanakkumar Tank, Mrs. Madhuben Kanjibhai Tank, Mrs. Shantaben V Tank, M/s. Amar Petroleum
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its residential nature and location in Junagadh. The reserve price appears reasonable. Potential investors should conduct thorough due diligence to assess the property's condition and market value.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar Sharma
Contact no: —
