Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609169
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹2,44,00,000
EMD:₹24,40,000
Bid Increment:₹10,000
Auction Time:01:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This SARFAESI auction features a valuable Land and Building asset in Anand, Gujarat, offered by Canara Bank. Situated in the heart of Anand, this residential property presents a unique investment opportunity. Ideal for developers or end-users, the property's strategic location within Anand ensures accessibility and potential for future growth. Don't miss the chance to acquire this significant real estate asset.
State:Gujarat
City:Anand
Area:Anand
Asset Category:Residential
Full Address:Sub Plot No. 2, Mauje: Anand on Land bearing T.P. Scheme No. 3, F.P. No. 497 Paikki, Sub Plot No. 2. Total admeasuring 393.50 Sq. Mtrs., C.S. No. 621, Ward No. Anand -1, Sheet No. T-3/Sheet No. 25, as per City Survey admeasuring 392.50 Sq. Mtrs., Construction Area admeasuring 208.65 Sq. Mtrs. Municipal property no. 12/31/108/1, Anand, Anand
Size:393.50 Sq. Mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Anand, Gujarat. The auction will commence on November 18, 2025, at 01:00 PM and conclude at 03:00 PM on the same day. The reserve price for this auction is ₹2,44,00,000, with an Earnest Money Deposit (EMD) of ₹24,40,000 required. This is a prime opportunity to bid on a substantial residential property through a secure bank auction process.
Borrower Name:M/s. Sagun Enterprise
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Krishnakant Gaurishankar Mehta
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Anand, Gujarat. The reserve price is relatively high, suggesting potential value, but symbolic possession adds a layer of complexity. Recommended as a calculated opportunity requiring due diligence on the possession status and market value.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
