Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609599
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office : Ahmedabad
Reserve Price:₹14,40,000
EMD:₹1,44,000
Bid Increment:₹10,000
Auction Time:01:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-05
Property Description
This is a prime land parcel located in Paddhari, Rajkot, Gujarat. The property is categorized as residential land and is being auctioned by the Bank of Maharashtra. It presents a significant opportunity for development or investment in a growing region.
State:Gujarat
City:Rajkot
Area:Paddhari
Asset Category:Residential
Full Address:Plot No 25 to 34, Flat No B-402, Vraj Bhumi -2, Apple Aligance Building, Apple Yellow, Ishvariya Survey No 248 Paiki 10 Paiki East Side, vraj Bhumi -2, Plot Paiki Plot No 25 to 34 Total Land Area 5205.47, Paiki Sub Plot No 25 To 34 Paiki 1, Land Square Meter 4339.42 Sq Mtr, Vrijbhumi-2. Apple Aligance Building, Apple Yellow, Flat No B-402, Built-up Area 71.485 Sq Mtr, Ishwariya, Rajkot
Building/Society:Vraj Bhumi -2, Apple Aligance Building, Apple Yellow
Size:4339.42 Sq Mtr
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for land in Paddhari, Rajkot. The reserve price is set at 14,40,000 INR, with an Earnest Money Deposit (EMD) of 1,44,000 INR. The auction will take place on December 5, 2025, from 1:00 PM to 5:00 PM. This is a unique opportunity to acquire valuable land in Gujarat.
Borrower Name:Mr. Sriram Gaur
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This land in Paddhari offers a promising investment given its size, location, and the ongoing development in the area. With a reasonable reserve price and clear auction terms, it represents a solid opportunity. The 'Strong Buy' recommendation is based on its potential for future appreciation and immediate use.
Contact Details
Branch:Branch Office : Zonal Office : Ahmedabad
Service Provider:BAANKNET
Contact Details:
Mr. Sriram Gaur
Contact no:9785269882
