Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612249
Bank Name:Debts Recovery Tribunal
Branch Name:Ahmedabad
Reserve Price:₹86,000
EMD:₹8,600
Bid Increment:₹10,000
Auction Time:12:00 pm to 1:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a residential plot located in the GIR-SOMNATH area of Gir Somnath, Gujarat. The property is being auctioned by the Debts Recovery Tribunal as part of a recovery process involving M/s. Safina A. Gumbtul Khijara. This presents an opportunity to acquire land in a developing region.
State:Gujarat
City:Gir Somnath
Area:GIR-SOMNATH
Asset Category:Residential
Full Address:6 & 7, R.S. No. 24/P Sub Plat No. 6 & 7, Nr. Madni Super Market, Opp. Nava Bandar Road, At. Nava Bandar, Taluka Una, Nava Bandar, Gir Somnath
Size:208 Sq. Mtrs.
Auction Description
The Debts Recovery Tribunal is conducting an online auction for a residential plot in GIR-SOMNATH, Gir Somnath, Gujarat. The auction has a reserve price of 86,000.0 and requires an EMD of 8,600.0. Bidding will commence on December 12, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. Interested parties are advised to review all auction terms and conditions.
Borrower Name:M/s. Safina A. Gumbtul Khijara
Auction Type:DRT Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot offers a reasonable investment opportunity due to its location in Gir Somnath and the relatively low reserve price. However, potential investors should carefully assess local market conditions and conduct thorough due diligence before bidding. The auction terms appear standard, suggesting a moderate risk profile.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar Sharma
Contact no: —
