Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613434
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹17,24,000
EMD:₹1,73,000
Bid Increment:₹0.5
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2023-11-30
Property Description
This auction features a piece of land located in Kapadwanj, Kheda, Gujarat, offered by Punjab National Bank. The property is classified under the Residential asset category and is being auctioned under the SARFAESI Act. Ideal for investors or individuals looking to acquire land in this developing region.
State:Gujarat
City:Kheda
Area:Kapadwanj .
Asset Category:Residential
Full Address:28, Roiver Exotica, Residential land bearing R.S. No 9P2 paiki plot No. 28(474.49 sq.mts.) of the "Roiver Exotica" Nadiad road of town/Ta kapadwanj Dist. Kheda, Kapadwanj, Kheda
Building/Society:Roiver Exotica
Size:474.49 sq.mts.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Kapadwanj, Kheda, Gujarat. The auction will be held on November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price for this property is ₹17,24,000, with an Earnest Money Deposit (EMD) of ₹1,73,000. This is a significant opportunity to purchase property directly from the bank.
Borrower Name:M/S KAVYA ENTERPRISE
Auction Type:SARFAESI Auction
Guarantor Names:Shantaben Ratanlal Shah
Legal Details
Possession Status:Symbolic
Encumbrance Details:further interest and recovery if any
Why This Property
The property is a residential plot in a developing area, with a reasonable reserve price. While it presents an opportunity for investment, potential encumbrances and the symbolic possession status indicate a need for careful evaluation. Its location in Kapadwanj, Kheda, makes it a calculated risk with potential for future appreciation.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no: —
