Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614723
Bank Name:Debts Recovery Tribunal
Branch Name:Ahmedabad
Reserve Price:₹65,00,000
EMD:₹6,50,000
Bid Increment:₹50,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-17
Bid Start Date:2025-12-18
Property Description
This is a residential plot located in Gondal, Rajkot, Gujarat. The property is being auctioned by the Debts Recovery Tribunal. It is a valuable opportunity to acquire land in a developing area.
State:Gujarat
City:Rajkot
Area:Gondal
Asset Category:Residential
Full Address:6, Shreenathji Park 2, Village Moviya, Revenue Survey No. 924 paikee general industrial purpose Binkheti Land A. 1-38 G. paikee, Plot No. 6 paikee, Factory Shed on Land 1063.61 Sq. Yard situated in Village limit of Moviya, Opp. Shreenathji Park 2, Gondal-Shivrajgadh Road, Moviya, Gondal
Building/Society:Shreenathji Park 2
Size:889.31 sq. mtrs
Auction Description
The Debts Recovery Tribunal is conducting an auction for a residential plot in Gondal, Rajkot, Gujarat. The auction will take place on December 18, 2025, between 12:00 PM and 01:00 PM. The reserve price is ₹65,00,000 and the Earnest Money Deposit (EMD) is ₹6,50,000. This is a public auction, and all interested parties are encouraged to participate. The property was previously owned by M/s Rajshree Spintex.
Borrower Name:M/s Rajshree Spintex
Auction Type:DRT Auction
Guarantor Names:Shri Jignesh Harjibhai Ghanva, Shri Ravi Purshottambhai Shekhada, Smt. Bhanumatiben Natvarlal Satodiya, Shri Harjibhai Popatbhai Ghanva
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land situated in Gondal, a developing industrial area. The reserve price seems reasonable, offering a calculated investment opportunity. However, potential investors should conduct thorough due diligence before bidding.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:BAANKNET
Contact Details:
Anubha Dubey
Contact no: —
