Plot for Auction S P Ring Road Astali Ahmedabad 21 Lakh by Asset Reconstruction Company India Ltd Arcil 28 Jul 2026
S P Ring Road Astali, Ahmedabad
Area: 506.0 sq. ft.
A/502 Alithi Ashray, Near Sepal Elegance, S P Ring Road Astali, Ahmedabad-382427
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹21,04,000
EMD ₹2,10,400
Auction date
28 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 506.0 sq. ft.
- ▸Locality: S P Ring Road Astali
- ▸Reserve: ₹21,04,000
- ▸EMD: ₹2,10,400
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | S P Ring Road Astali |
| Built-up / plot area | 506.0 sq. ft. |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | A/502 |
| Building / society | Alithi Ashray |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in S P Ring Road Astali, Ahmedabad by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹21,04,000, 506.0 sq. ft., Symbolic possession.
Discover an excellent bank auction property for sale in Ahmedabad. This residential plot, designated as A/502 in Alithi Ashray, is strategically located near Sepal Elegance on S.P. Ring Road Astali, Ahmedabad-382427. The property description mentions a carpet area of 506 sq. ft. along with an additional area of 1125 sq. ft., suggesting potential for a flat or a plot within a structured complex. Asset Reconstruction Company (India) Ltd. (ARCIL) is conducting the e-auction with a competitive reserve price of ₹21,04,000 and an EMD of ₹2,10,400. The e-auction is scheduled for July 29, 2023, with property inspection available on July 27, 2023. This prime investment offers symbolic possession and is being sold on an 'as is where is' basis.
GeoSquare note: This property, located in the promising S.P. Ring Road Astali area of Ahmedabad, offers good investment potential. While categorized as a plot, the description mentions a carpet area of 506 sq. ft. within 'Alithi Ashray', suggesting a residential unit. The reserve price of ₹21.04 lakhs makes it an attractive option, despite the symbolic possession status. Buyers should verify the exact property type and dimensions on inspection.
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