Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609295
Bank Name:IDFC First Bank Ltd
Branch Name:Regional office
Reserve Price:₹6,01,77,600
EMD:₹60,17,760
Bid Increment:₹50,000
Auction Time:11:00 am to 01:00 pm
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-06
Bid Start Date:2025-11-07
Property Description
This is a prime plot of land located in Anand, Anand, Gujarat. The property is designated for residential use and presents a significant investment opportunity. It is being auctioned by IDFC First Bank Ltd under the SARFAESI Act, offering a chance to acquire a valuable asset in a developing area.
State:Gujarat
City:Anand
Area:Anand
Asset Category:Residential
Full Address:Automobile Showroom And Workshop Near Charottar Bank, Anand, Anand, Anand
Size:11409.58 sq. ft.
Auction Description
IDFC First Bank Ltd is conducting a SARFAESI auction for a residential plot in Anand, Gujarat. The auction will take place on November 7, 2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price is set at ₹6,01,77,600, and the EMD required is ₹60,17,760. This is a unique opportunity to purchase a plot of land from a leading financial institution.
Borrower Name:Arvind Automobiles Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Nileshkumar Arvindbhai Patel, Arvindbhai Purshottamdas Patel, Jainitaben Nileshbhai Patel, Urmilaben Arvindbhai Patel
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The commercial plot in Anand offers a good investment opportunity due to its strategic location and size. The reserve price aligns with the property's potential, and the auction terms are favorable. However, potential investors should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Regional office
Service Provider:drt.auctiontiger.net
Contact Details:
Rohan Shah
Contact no:+91-8320074959
