Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612276
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹24,48,000
EMD:₹2,44,800
Bid Increment:₹10,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2024-02-04
Property Description
This is a prime plot of non-agricultural land located in the well-developed area of Majalpur, Vadodara, Gujarat. Ideal for residential development, this asset offers a fantastic investment opportunity in a rapidly growing city. The property is being auctioned by the Central Bank of India.
State:Gujarat
City:Vadodara
Area:Majalpur
Asset Category:Residential
Full Address:D3-502, 5TH Avenue, R.S.NO.250 PAIKI-2, 250 PAIKI-3, T.P.NO.29, F.P.NO.135, Land Admeasuring 5528sq.Mtr., Paiki Southern Side Land Admeasuring 4441.80 sq.mtr., Paiki Land Admeasuring 4349.82 sq.mtr., Majalpur, Vadodara
Building/Society:5TH Avenue
Size:5528 sq.mtr.
Auction Description
The Central Bank of India is conducting a SARFAESI auction for a valuable plot of non-agricultural land in Majalpur, Vadodara, Gujarat. The auction will be held online on November 20, 2025, from 12:00 PM to 06:00 PM. The reserve price is ₹24,48,000, with an EMD of ₹2,44,800 required to participate. This is a unique opportunity to acquire a desirable property.
Borrower Name:Mrs Sejalben Satishbhai Patel
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Satishbhai Jitubhai Patel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a non-agricultural land in a developing locality of Vadodara, offered at a reasonable reserve price. While land investments can be profitable, the location and auction terms require careful assessment. It's categorized as a Calculated Opportunity due to its potential alongside inherent market risks.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
MR. KRISHNA DALAL
Contact no:8980015767
