Property for Auction in Kumetha, Vadodara, Gujarat
Auction ID:537608
Bank Name:Canara Bank
Branch Name:Mumbai
Reserve Price:₹68,40,000
EMD:₹6,84,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
This auction features an excellent opportunity to acquire two adjacent residential plots, numbers 194 and 195, in Kumetha, Vadodara, Gujarat. Together, these plots encompass a total area of 387.80 square meters, augmented by a significant 193.57 square meters of undivided share in common areas, including roads and facilities, ensuring comprehensive access and usability. The property is situated within a recognized revenue survey encompassing numbers 872, 873, 874, and 878, indicating a formally surveyed and demarcated land parcel. The location in Kumetha, Vadodara, places it within a dynamic city in Gujarat, known for its economic growth and connectivity. The clearly defined boundaries – North Block no 871, South a 9m wide road, East Plot no 196, and West Plot no 194 (Possession) – provide a clear understanding of the property's context and accessibility. This land parcel is ripe for development, offering a prime location for building residential units or making a sound investment in a developing urban landscape. The specific mention of 'Possession' for Plot no. 194 suggests a potential advantage for the winning bidder.
State:Gujarat
City:Vadodara
Area:Kumetha
Asset Category:Residential
This opportunity presents a SARFAESI auction conducted by Canara Bank for two residential plots, identified as plot numbers 194 and 195, located in the developing area of Kumetha, Vadodara, Gujarat. The total combined area spans 387.80 square meters, with an additional 193.57 square meters of undivided share in common amenities, roads, and facilities, offering a substantial foundation for potential development. Situated in Vadodara, a city known for its industrial and cultural significance, Kumetha offers a growing locality with emerging infrastructure. The property's boundaries are clearly defined, with a 9-meter wide road to the east, and adjacent plots to the north and west, indicating a structured development environment. This auction is ideal for new buyers looking to acquire land in a promising region of Gujarat, providing a canvas for constructing a dream home or a strategic investment for future appreciation. The reserve price is set at INR 68,40,000, with an Earnest Money Deposit (EMD) of INR 6,84,000 required to participate.
Borrower Name:Mrs. Reema Kartik Vasani
Auction Type:SARFAESI Auction
Contact :-9572280694/ 8655948054/ 8825313343