Plot for auction 89 Undivided share in common road Kumetha Vadodara by Canara

The property comprises two adjacent plots, numbered 89 and 90, located in the growing locale of Kumetha, Vadodara, Gujarat. These plots, encompassing a total area of 347.14 square meters, represent a substantial land parcel ideal for constructing a residential property or multiple units, subject to local regulations. The property also includes an undivided share of 234.23 sq.m in common areas, such as roads and facilities, enhancing its overall utility and value. The boundaries are clearly defined, with Plot no. 90 to the north, Plot no. 88 to the south, a 7.5m wide road to the east providing excellent ingress and egress, and Plot no. 92 to the west. The property is listed as being in possession. This plot offers a unique chance to develop a property in a developing area with clear accessibility and defined boundaries, making it an attractive prospect for buyers seeking a foothold in Vadodara's real estate landscape.

This auction presents a compelling opportunity to acquire prime real estate in the developing area of Kumetha, Vadodara, Gujarat. The property, identified as plots no. 89 & 90 with a total land extent of 347.14 sq.m, offers a significant footprint for residential development. Situated within a well-defined layout, it benefits from a 7.5m wide approach road to the east, ensuring excellent accessibility. The location in Kumetha, Vadodara, is poised for growth, offering potential for capital appreciation and a desirable living environment. With a reserve price of ₹64,12,000 and an Earnest Money Deposit (EMD) of ₹6,41,200, this is a strategically priced offering for discerning investors and aspiring homeowners looking to enter the Vadodara property market. The auction is conducted under SARFAESI norms by Canara Bank, managed by BAANKNET, providing a transparent and regulated transaction process.