Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612176
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹26,51,000
EMD:₹2,65,000
Bid Increment:₹10,000
Auction Time:11 am to 5 pm
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
A residential house located in Valia, Bharuch, Gujarat, is being auctioned by the Bank of India under the SARFAESI Act. This property presents an opportunity for prospective buyers in the Valia region. The details of the property, including its exact location and size, are available for inspection by interested parties.
State:Gujarat
City:Bharuch
Area:Valia
Asset Category:Residential
Full Address:53, Rameshwar Bungalows, Plot No.53, Rameshwar Bungalows, Near Polytechnic College, Desad Road, Valia, Valia, Bharuch
Building/Society:Rameshwar Bungalows
Size:185.75 Sq.mt
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential house in Valia, Bharuch, Gujarat. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is INR 26,51,000, with an Earnest Money Deposit (EMD) of INR 2,65,000 required to participate. This is a legal auction process initiated due to loan default by the borrower, Mr. Shri Vipulkumar Sukhabhai Dhameliya.
Borrower Name:Mr Shri Vipulkumar Sukhabhai Dhameliya
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing locality. While the reserve price seems reasonable, potential buyers need to consider the specific location and conduct thorough due diligence. The auction terms are standard, presenting a calculated opportunity for those familiar with the area.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:Public Auction
Contact Details:
Contact no:9898160510
