Residential Land And Building for auction Plot 39/B Ekta Nagar Kutch by Canara

The property up for auction is a promising double-storied residential building, located at Sub Plot No. 39/B, Plot No. 39, R.S. No. 177, within the area known as Pink City, behind Ekta Nagar, Navavas, in Village Madhapar, Taluka Bhuj, District Kutch, Gujarat. Spanning 100.00 square meters, this residential land and building offers a solid foundation for a family home or a potential investment in a region experiencing growth. Its location near the Madhapar to Vardhaman Nagar road ensures connectivity and access to local amenities. Bhuj, the administrative headquarters of the Kutch district, is a city with a rich cultural heritage and a developing infrastructure, making it an attractive locale for real estate ventures. This property represents a chance to own a piece of this vibrant region, potentially benefiting from future urban development and appreciation. While the building's specific features and condition would require on-site inspection, the land parcel itself provides a good base for renovation or new construction. New buyers will appreciate the opportunity to enter the market in a historically significant and increasingly accessible part of Gujarat.

This upcoming SARFAESI auction presents a compelling opportunity to acquire a double-storied residential property located in the developing Pink City area of Madhapar, Bhuj, Kutch, Gujarat. The property, designated as Sub Plot No. 39/B on Plot No. 39 (R.S. No. 177), boasts an area of 100.00 square meters and is situated near the Madhapar to Vardhaman Nagar road, offering strategic accessibility within the Kutch region. For prospective buyers, understanding the auction process is paramount. This is a secured asset auction initiated by Canara Bank, meaning the property is being sold to recover outstanding debt. The auction will be conducted online by BAANKNET, with a reserve price set at INR 27,15,000 and an Earnest Money Deposit (EMD) of INR 2,71,500 required to participate. Interested parties must submit their applications by 5:00 PM on July 30, 2025, with the auction scheduled for July 31, 2025, between 11:00 AM and 12:00 PM. Detailed sale notices, though marked as N/A currently, should be closely monitored for any updates. This event is ideal for new buyers seeking an entry into the Kutch real estate market through a transparent, albeit regulated, bidding process.