Land And Building for auction Naroda Ahmedabad 8 Cr Debts Recovery Tribunal

Property for Auction in Daskroi, Ahmedabad, Gujarat

Recommendation
Strong BuyScore: 7.2
Size
3047 Sq Mtrs
Reserve Price
8,10,00,000
Reserve Price
8,10,00,000
EMD Required
81,00,000
Property Specifications
Size3047 Sq Mtrs
Unit No.162+163(1)
Auction TypeDRT Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Daskroi, Ahmedabad
Auction Date IconAuction Date:
10-11-2025 12:00 PM

Auction Details

Recommendation:Strong BuyScore: 7.2

Auction ID:610295

Bank Name:Debts Recovery Tribunal

Branch Name:Ahmedabad

Reserve Price:8,10,00,000

EMD:81,00,000

Bid Increment:1,00,000

Auction Time:12:00 Noon to 1:00 pm

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-07

Bid Start Date:2025-11-10

Property Description

Discover a prime investment opportunity in Daskroi, Ahmedabad, Gujarat. This substantial land and building asset, categorized as residential, is being offered through a Debts Recovery Tribunal (DRT) auction. Situated in a developing area, this property presents significant potential for commercial or residential development. Its strategic location in Ahmedabad provides excellent connectivity and access to city amenities. Ideal for astute investors looking to acquire a valuable piece of real estate with considerable upside.

State:Gujarat

City:Ahmedabad

Area:Daskroi

Asset Category:Residential

Full Address:162+163(1), GIDC industrial estate, phase-l, Naroda, Naroda, Ahmedabad

Size:3047 Sq Mtrs

Auction Description

This is a Debts Recovery Tribunal (DRT) auction for a valuable land and building property located in Daskroi, Ahmedabad, Gujarat. The auction will commence on November 10, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price is set at INR 8,10,00,000, with an Earnest Money Deposit (EMD) of INR 81,00,000 required to participate. This is a unique chance to acquire a significant asset directly from the Debts Recovery Tribunal.

Borrower Name:M/S. SAYONA COLORS PVT LTD & ORS

Auction Type:DRT Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

Located in the established GIDC industrial estate in Naroda, Ahmedabad, this land and building offer a solid industrial investment opportunity. The property size and location make it attractive, and the transparent auction process provides a clear path to acquisition. While the reserve price is substantial, the potential returns warrant a 'Strong Buy' recommendation.

Contact Details

Branch:Branch Office : Ahmedabad

Service Provider:BAANKNET

Contact Details:

Love Kumar

Contact no: —

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