Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610088
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹29,16,000
EMD:₹2,91,600
Bid Increment:₹10,000
Auction Time:02.00 P.M. to 04.00 P.M
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a land parcel located in Himatnagar, Sabarkantha, Gujarat. The property is being auctioned by Cholamandalam Investment And Finance Company Limited as part of a SARFAESI auction. The land is suitable for residential development or other uses. Its location in Himatnagar offers potential for growth and investment.
State:Gujarat
City:Sabarkantha
Area:Himatnagar
Asset Category:Residential
Full Address:32, Sukh Sagar Society, Survey No. 90 paiki Plot No. 32, Balvantpura, Ta. Himatnagar, Dist. Sabarkantha (Gujarat), Balvantpura, Himatnagar
Building/Society:Sukh Sagar Society
Size:118.69 Sq. Mtrs.
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a land property in Himatnagar, Sabarkantha, Gujarat. The auction will take place on 20-11-2025, starting at 02:00 PM and ending at 04:00 PM. The reserve price for this auction is ₹29,16,000, with an Earnest Money Deposit (EMD) of ₹2,91,600. This is an opportunity to acquire land in a developing region of Gujarat.
Borrower Name:Mr./Mrs. Jitendrakumar
Auction Type:SARFAESI Auction
Guarantor Names:Mr./Mrs. Vironikaben Palat
Legal Details
Possession Status:Symbolic
Encumbrance Details:Pending Civil Suit in Civil Court Himatnagar: 1 under RCS/47/2025.
Why This Property
The property is a residential land located in Himatnagar. Given the legal encumbrance (pending civil suit) and the location, it represents a calculated opportunity. The pricing seems reasonable, but potential buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
Rahul Jitendrabhai Dhobi / Komal Sharma
Contact no:+918758587337/8870464652
