Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614223
Bank Name:ICICI Bank
Branch Name:Branch Office : Ahmedabad
Reserve Price:₹12,80,000
EMD:₹1,28,000
Auction Time:11:00 AM Onward
Service Provider:disposalhub.com
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a commercial property located in Banaskantha, Gujarat, being auctioned by ICICI Bank. It is part of a SARFAESI auction. The property is designated for commercial use.
State:Gujarat
City:Banaskantha
Area:Banaskantha
Asset Category:Commercial
Full Address:09, The Agriculture Produce Market Committee, Shop Cum Godown No. 09 (Plot No. 09), The Agriculture Produce Market Committee, Revenue Survey No. 2404 & 2405, Vav, Taluka Vav, District-Banaskantha, Vav, Banaskantha
Building/Society:The Agriculture Produce Market Committee
Size:1400 Sq. Ft.
Auction Description
ICICI Bank is conducting a SARFAESI auction for a commercial property in Banaskantha, Gujarat. The auction will start on November 25, 2025, at 11:00 AM and conclude on the same day at 01:00 PM. The reserve price for this auction is INR 1,280,000.0, with an Earnest Money Deposit (EMD) of INR 128,000.0 required to participate. The borrower is Shri Shiv Trading.
Borrower Name:Shri Shiv Trading
Auction Type:SARFAESI Auction
Guarantor Names:Vajrambhai M. Asal alias Vajrambhai Madevbhai Ashal, Shamajibhai Nanajibhai Joshi, Daiben Asal
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop cum godown in Banaskantha, offered at a reasonable reserve price. While the location may not be prime, the size and commercial nature present a calculated investment opportunity. Potential investors should carefully evaluate the market conditions and accessibility.
Contact Details
Branch:Branch Office : Branch Office : Ahmedabad
Service Provider:disposalhub.com
Contact Details:
Contact no:7573024297
