Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609600
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office : Ahmedabad
Reserve Price:₹14,40,000
EMD:₹1,44,000
Bid Increment:₹10,000
Auction Time:01:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-05
Property Description
This is a prime piece of land located in Paddhari, Rajkot, Gujarat, offered through a SARFAESI auction by the Bank of Maharashtra. The property, previously belonging to Mr. Sriram Gaur, is categorized as residential land. Its strategic location in Rajkot provides excellent connectivity and potential for development. This auction presents a unique opportunity to acquire valuable land in a growing region.
State:Gujarat
City:Rajkot
Area:Paddhari
Asset Category:Residential
Full Address:Plot No 25 to 34, Flat No 103, Vraj Bhumi -2, Apple Aligance Building, Apple Red, Ishvariya Survey No 248 Paiki 10 Paiki East Side, Vraj Bhumi -2, Plot Paiki Plot No 25 to 34 Total Land Area 5205.47, Paiki Sub Plot No 25 To 34 Paiki 1, Land Square Meter 4339.42 Sq Mtr, Vrijbhumi -2, Apple Aligance Building, Apple Red, First Floor, Flat No 103, Built-up Area 71.375 Sq Mtr, Village Ishwariya, Taluka Padhari, Dist Rajkot Gujarat 360110, Ishwariya, Rajkot
Building/Society:Vraj Bhumi -2, Apple Aligance Building, Apple Red
Size:5205.47 Sq Mtr
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential land parcel in Paddhari, Rajkot, Gujarat. The auction will be held on December 5, 2025, starting at 1:00 PM and concluding at 5:00 PM. The reserve price for this land is INR 14,40,000, with an Earnest Money Deposit (EMD) of INR 1,44,000 required to participate. This is a time-sensitive opportunity to bid on a valuable asset.
Borrower Name:Mr. Sriram Gaur
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ami Brijeshbhai Desai, Mr. Brijesh Vijaybhai Desai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Paddhari, Rajkot, and the relatively low reserve price for a land. While the auction terms are standard, potential investors should carefully evaluate the location's market dynamics. The land has good potential and may be suitable for some type of projects.
Contact Details
Branch:Branch Office : Zonal Office : Ahmedabad
Service Provider:BAANKNET
Contact Details:
Mr. Sriram Gaur
Contact no:9785269882
