Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612134
Bank Name:The Mehsana Urban Co-operative Bank Ltd.
Branch Name:Mehsana
Reserve Price:₹16,06,500
EMD:₹1,60,650
Bid Increment:₹25,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a commercial office space located in Vatva, Ahmedabad, Gujarat. The property is part of a SARFAESI auction conducted by The Mehsana Urban Co-operative Bank Ltd. It is an excellent opportunity for businesses looking for a prime commercial location in a well-developed industrial area.
State:Gujarat
City:Ahmedabad
Area:Vatva
Asset Category:Commercial
Full Address:904, Rajyash Rise, Office no. 904, 9th floor, Rajyash Rise Vishala Cross Road. Nr. Narol Vishala Cross road, Narol, Vatva, Ahmedabad
Building/Society:Rajyash Rise
Size:19.52 Sqmtrs
Auction Description
The Mehsana Urban Co-operative Bank Ltd. is holding a SARFAESI auction for a commercial office in Vatva, Ahmedabad. The auction will take place on November 25, 2025, between 2:00 PM and 6:00 PM. The reserve price is ₹16,06,500, with an Earnest Money Deposit (EMD) of ₹1,60,650. This is a direct opportunity to acquire commercial property from the bank.
Borrower Name:M/s Saibaba Enterprise
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ajaysinh Padamsinh Chauhan, Mr. Priyank Shashikant Vyas
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial office in a developing area of Ahmedabad. The reserve price seems reasonable, but potential buyers should conduct thorough due diligence on the location and building quality. The auction terms are standard, making it a calculated investment opportunity.
Contact Details
Branch:Branch Office : Mehsana
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:8347015611
