Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613820
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹10,78,000
EMD:₹1,08,000
Auction Time:11 am to 5 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
A residential plot located in Valiya, Bharuch, Gujarat. This property is being auctioned by the Bank of India under the SARFAESI Act. It presents a potential opportunity for development or investment in a growing area.
State:Gujarat
City:Bharuch
Area:Valiya
Asset Category:Residential
Full Address:54, Rameshwar bungalows, Survey No. 269A paiki Rameshwar bungalows, plot no. 54 B/H Valiya polytechnic college Valia-Desad Road, Valiya, Bharuch
Building/Society:Rameshwar bungalows
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential plot in Valiya, Bharuch, Gujarat. The auction will take place on December 9, 2025, from 12:00 PM to 5:00 PM. The reserve price is ₹10,78,000, with an Earnest Money Deposit (EMD) of ₹1,08,000 required to participate. This is a bank auction of a property previously mortgaged by Prakashbhai Naranbhai Dhameliya & Others.
Borrower Name:Prakashbhai Naranbhai Dhameliya & Others
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a developing area, making it a calculated opportunity. The reserve price is relatively low, but potential investors should assess the development plans and local market conditions before bidding. Given its physical possession status, due diligence regarding property boundaries and land records is recommended.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:9372270093
