Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614201
Bank Name:State Bank of India
Branch Name:Retail Assets Central Processing Centre
Reserve Price:₹23,14,000
EMD:₹2,31,400
Bid Increment:₹10,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:16-12-2025 05:00 PM
Bid Start Date:2025-12-17
Property Description
A residential house located in Vadodara, Gujarat, being auctioned by the State Bank of India. This property, previously owned by Mr. Jafar Qureshi, offers a potential residential opportunity in the Vadodara area. The property is available through a SARFAESI auction process. The reserve price is set at 23,14,000 INR, with an Earnest Money Deposit (EMD) of 2,31,400 INR.
State:Gujarat
City:Vadodara
Area:Vadodara
Asset Category:Residential
Full Address:19, Meem City Phase-3, Plot No. 19, Meem City Phase-3, Palaswada, Vadodara., Palaswada, Vadodara
Building/Society:Meem City Phase-3
Size:84 Sq.Mtr
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential house in Vadodara, Gujarat. The auction will take place on December 17, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this property is 23,14,000 INR. Prospective bidders must submit an Earnest Money Deposit (EMD) of 2,31,400 INR. This is an opportunity to acquire a house in Vadodara through a bank auction.
Borrower Name:Mr. Jafar Qureshi
Auction Type:SARFAESI Auction
Guarantor Names:Sohail Qureshi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a 2 BHK duplex in Vadodara, is offered at a reasonable reserve price. While not a 'Prime Investment', the location and property type suggest a 'Calculated Opportunity' for buyers looking for residential properties at auction prices. Potential buyers should carefully assess the property and local market conditions.
Contact Details
Branch:Branch Office : Retail Assets Central Processing Centre
Service Provider:BAANKNET
Contact Details:
Venus Kumar
Contact no:7698990361
