Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611322
Bank Name:Mahindra Rural Housing Finance Ltd
Branch Name:Corporate Office : Mumbai
Reserve Price:₹7,00,000
EMD:₹70,000
Auction Time:10.00 AM to 12.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This offering is for a residential plot located in Abrama, Valsad, Gujarat, under the SARFAESI auction process by Mahindra Rural Housing Finance Ltd. The property presents a unique opportunity for investment or development in a developing area. The plot is situated in a recognized locality, offering potential for future growth. It's an ideal chance to acquire land for residential purposes in Valsad.
State:Gujarat
City:Valsad
Area:Abrama
Asset Category:Residential
Full Address:3A, RUTU APPARTMENT, PLOT NO.3A, B-WING, 2ND FLOOR, RUTU APPARTMENT, MOJE-ABRAMA, TA-SUB DIST-VALSAD, DIST-VALSAD, GUJARAT-396001, Abrama, Valsad
Building/Society:RUTU APPARTMENT
Auction Description
Mahindra Rural Housing Finance Ltd is conducting a SARFAESI auction for a residential plot in Abrama, Valsad, Gujarat. The auction will take place on November 25, 2025, from 10:00 AM to 12:00 PM. The reserve price is set at ₹7,00,000, with an Earnest Money Deposit (EMD) of ₹70,000 required to participate. This is a prime opportunity to bid on a valuable plot of land.
Borrower Name:NARENDRABHAI RAMBHAI CHARAN
Auction Type:SARFAESI Auction
Guarantor Names:DHAVAL ALABHAI GADHAVI
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Abrama presents a calculated investment opportunity due to its location in Valsad, Gujarat, and a reasonable reserve price. While the property type is land, indicating potential for development, further due diligence is recommended. The auction terms appear standard, but the lack of specific size dimensions warrants careful consideration.
Contact Details
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:Public Auction
Contact Details:
Ravi Prajapati
Contact no:9558799960
