Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611446
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹18,62,055
EMD:₹1,86,206
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This auction features a prime piece of land located in Amreli, Morbi, Gujarat. Owned by Mr. Arvind Natvarial Kakkad, this residential land presents an excellent opportunity for development or investment in a growing region. The property is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act.
State:Gujarat
City:Morbi
Area:Amreli,
Asset Category:Residential
Full Address:160, Plot No 160 Amreli R. S. No 145/1 Paiki and 145/2 Paiki Ranchod Nagar-2 Navalakhi Road, Ranchhodnagar-2, Morbi
Size:146-09 Sq. Mtrs
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting an online SARFAESI auction for a valuable land parcel in Amreli, Morbi, Gujarat. The auction will commence on November 20, 2025, at 02:00 PM and conclude at 04:00 PM on the same day. The reserve price for this significant asset is ₹18,62,055, with an Earnest Money Deposit (EMD) of ₹1,86,206 required to participate. Don't miss this chance to acquire a promising piece of real estate.
Borrower Name:Mr. Arvind Natvarial Kakkad
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kakkad Sonalben Arvindbhai, Mr. Kakkad Saurav Arvindbhai, Mr. Kakkad Gaurav Arvindbhai
Legal Details
Possession Status:Constructive
Encumbrance Details:There are no encumbrances
Why This Property
The land parcel in Morbi presents a calculated opportunity due to its location and size. The reserve price is reasonable, but potential investors should conduct thorough due diligence. The 'Constructive' possession status warrants careful consideration.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Mr. Girirajsinh S Chudasama/ Mr. Rahul Jitendrabhai Dhobi/ Mrs. Komal Sharma
Contact no:9574202220/+918758587337/8870464652
