Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613200
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹40,92,000
EMD:₹4,09,200
Auction Time:11:30 am to 03:30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
This SARFAESI auction features a prime Land and Building asset in Gotri, Vadodara, Gujarat. Formerly owned by Mr. Khet Singh, this residential property presents a unique investment opportunity in a developing area. The property is offered by Indian Overseas Bank with a reserve price of ₹40,92,000 and an EMD of ₹4,09,200. Its location in Vadodara, a major commercial and industrial hub in Gujarat, ensures potential for appreciation and accessibility.
State:Gujarat
City:Vadodara
Area:Gotri
Asset Category:Residential
Full Address:A28, Anmol Park, A28."Anmol Park"Gotri Laxmi Pura Link Road, New Alkapuri, Gotri, Vadodara
Building/Society:Anmol Park
Size:112.93 Sq.Mtr
Auction Description
Indian Overseas Bank is conducting an online SARFAESI auction for a Land and Building property in Gotri, Vadodara. The auction is scheduled to commence on November 24, 2025, at 11:30 AM and conclude at 03:30 PM on the same day. The reserve price is set at ₹40,92,000, with an Earnest Money Deposit (EMD) of ₹4,09,200 required to participate. This is a legally mandated sale under SARFAESI Act, offering a transparent and competitive bidding process for interested parties.
Borrower Name:Mr Khet Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in a developing area of Vadodara. The reserve price seems reasonable. It warrants further due diligence and physical inspection to assess its true potential before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Laba Kumar Sethi
Contact no:9167203035
