Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611999
Bank Name:Axis Bank
Branch Name:Branch Office :Ahmedabad
Reserve Price:₹36,78,000
EMD:₹3,67,800
Bid Increment:₹30,000
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 residential plot located in the established area of Old Nadiad, Nadiad, Gujarat. The property is being auctioned by Axis Bank. It presents a great opportunity for development or investment in a prime location.
State:Gujarat
City:Nadiad
Area:Old Nadiad
Asset Category:Residential
Full Address:302, Royal Wings, Flat No. 302, Royal Wings, Revenue Survey No. 8/1, Village Mavdi, Plot No. 64 To 68, Royal Park, Mavdi, Rajkot
Building/Society:Royal Wings
Size:56.93 Sq. Mtrs.
Auction Description
Axis Bank is conducting a SARFAESI auction for a residential plot in Old Nadiad, Nadiad, Gujarat. The auction will take place on November 17, 2025, starting at 10:30 AM and concluding at 05:30 PM. The reserve price for this plot is ₹3,678,000, with an Earnest Money Deposit (EMD) of ₹367,800 required to participate. This is a prime opportunity to acquire a valuable asset through a transparent auction process.
Borrower Name:GINOYA MITALBEN KAMLESHBHAI
Auction Type:SARFAESI Auction
Guarantor Names:KATRA BHUMIT BAVANJIBHAI
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area of Rajkot. While the reserve price seems reasonable, potential buyers should conduct thorough due diligence regarding the property's legal standing and future development prospects. The location offers moderate investment appeal.
Contact Details
Branch:Branch Office : Branch Office :Ahmedabad
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr.Amit Udani
Contact no:+917202000005
