Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609384
Bank Name:Hinduja Housing Finance Ltd
Branch Name:Corporate Office: Chennai
Reserve Price:₹16,66,000
EMD:₹1,66,600
Auction Time:11:00 am - 2:00 pm
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-09-20
Property Description
This is a SARFAESI auction for a Land and Building property located in Palitana, Bhavnagar, Gujarat. The property is being auctioned by Hinduja Housing Finance Ltd. The borrower is Mr. Vipulbhai Makwana. This residential asset presents an opportunity in the developing area of Palitana.
State:Gujarat
City:Bhavnagar
Area:Palitana
Asset Category:Residential
Full Address:313, Residential Gamtal House/Plot No.313, situated on land of Mandavada-2 Gamtal, Mandavada-2, Palitana
Size:418.21 Sq. Mts
Auction Description
Hinduja Housing Finance Ltd presents a SARFAESI auction for a Land and Building property in Palitana, Bhavnagar, Gujarat. The auction will take place on December 5, 2025, from 03:00 PM to 05:00 PM. The reserve price is INR 16,66,000, with an Earnest Money Deposit (EMD) of INR 1,66,600. This is a significant opportunity for prospective buyers in the Gujarat region.
Borrower Name:Mr. Vipulbhai Makwana
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Palitana offers a potential investment opportunity, particularly given its residential nature. However, the location may not be prime, and the auction terms should be carefully reviewed before bidding. The reserve price seems reasonable for the area, but thorough due diligence is advised.
Contact Details
Branch:Branch Office : Corporate Office: Chennai
Service Provider:drt.auctiontiger.net
Contact Details:
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