Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:611995
Bank Name:Axis Bank
Branch Name:Branch Office :Ahmedabad
Reserve Price:₹1,04,00,000
EMD:₹10,40,000
Bid Increment:₹1,00,000
Auction Time:11.00 A.M to 12.00 Noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a SARFAESI auction for a residential plot located in the established area of Old Nadiad, Nadiad, Gujarat. The property is being auctioned by Axis Bank. It presents a valuable opportunity for those looking to acquire land in a developed locality.
State:Gujarat
City:Nadiad
Area:Old Nadiad
Asset Category:Residential
Full Address:Plot No. 18, Plot No. 19, Lakhavad Pati, Nadiad Bearing R.S No. 2175, Lakhavad Pati, Nadiad
Size:229.32, 199.97, 532.10 sq. mtrs
Auction Description
Axis Bank presents a SARFAESI auction for a residential plot in Old Nadiad, Nadiad, Gujarat. The auction is scheduled for November 17, 2025, commencing at 10:30 AM and concluding at 05:30 PM on the same day. The reserve price for this auction is ₹10,400,000, with an Earnest Money Deposit (EMD) of ₹1,040,000 required. This is an excellent chance to bid on a prime plot in a sought-after location.
Borrower Name:Govindibhai Ramjibhai Patel
Auction Type:SARFAESI Auction
Guarantor Names:Dahiben, Hirabhai Manjibhai Patel, Hiraben Dhanjibhai Patel, Lilaben Govindbhai Patel, Kanchanben Hiralal Patel, Manjulaben Kishorkumar Patel, Dhanjibhai Mavjbhai Patel
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a well-located plot in Nadiad, presenting a strong investment opportunity. The reserve price seems reasonable given the location and potential. Auction terms are standard, making it an attractive prospect.
Contact Details
Branch:Branch Office : Branch Office :Ahmedabad
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Parakramsinh Jhala
Contact no:+919099972299
