Plot for auction Green City Jolva Bharuch 10 lakh ICICI Bank

Property for Auction in Dahej Road, Bharuch, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
480.83 Sq. Ft.
Reserve Price
10,22,000
Reserve Price
10,22,000
EMD Required
1,03,000
Property Specifications
Society/BuildingGreen City Jolva
Size480.83 Sq. Ft.
Unit No.127
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Dahej Road, Bharuch
Auction Date IconAuction Date:
12-12-2025 11:15 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612566

Bank Name:ICICI Bank

Branch Name:Vadodara

Reserve Price:10,22,000

EMD:1,03,000

Auction Time:11:15 AM Onwards

Service Provider:disposalhub.com

Important Dates

Submission Date:2025-12-11

Bid Start Date:2025-12-12

Property Description

This is a prime plot of land located on Dahej Road in Bharuch, Gujarat. Situated in a developing area, this residential plot offers a great opportunity for investment or building your dream home. The property is being auctioned by ICICI Bank due to loan default by the borrower, Mehulbhai R Panchani. Its strategic location on Dahej Road provides good connectivity and potential for future growth, making it an attractive asset in the Bharuch real estate market.

State:Gujarat

City:Bharuch

Area:Dahej Road

Asset Category:Residential

Full Address:127, Green City Jolva, Plot No. 127, Green City Jolva Dahej Road, Gujarat, Bharuch - 392001, Green City Jolva, Bharuch

Building/Society:Green City Jolva

Size:480.83 Sq. Ft.

Auction Description

ICICI Bank is conducting a SARFAESI auction for a residential plot located on Dahej Road, Bharuch, Gujarat. The auction will commence on December 12, 2025, at 11:15 AM and conclude at 12:15 PM on the same day. The reserve price for this plot is ₹10,22,000, with an Earnest Money Deposit (EMD) of ₹1,03,000 required to participate. This is a significant opportunity for interested buyers to acquire a valuable property through a transparent auction process facilitated by the bank.

Borrower Name:Mehulbhai R Panchani

Auction Type:SARFAESI Auction

Guarantor Names:Harshaben Mehulbhai Panchani

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The plot's location on Dahej Road in Bharuch offers potential, but the relatively small size and the auction terms require careful consideration. The reserve price is reasonable, making it a calculated opportunity for investors familiar with the area. Further due diligence on local market conditions is advisable before bidding.

Contact Details

Branch:Branch Office : Vadodara

Service Provider:disposalhub.com

Contact Details:

Contact no:7304914237

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