Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614412
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Branch Address : Ahmedabad
Reserve Price:₹25,00,000
EMD:₹2,50,000
Service Provider:BidDeal.in
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 02:00 PM
Property Description
This is a commercial shop located in Gandhinagar, Gandhinagar, Gujarat, brought to auction by Tata Capital Housing Finance Ltd. The property is part of a SARFAESI auction initiated due to Mr. Mehul Sanjay Parikh's default. It offers a prime commercial space in a well-regarded area, suitable for various business ventures. The location provides excellent connectivity and visibility, making it an attractive investment opportunity for entrepreneurs and businesses looking to establish or expand their presence in Gandhinagar.
State:Gujarat
City:Gandhinagar
Area:Gandhinagar
Asset Category:Commercial
Full Address:89, Golden Arcade commercial Co-operative society Ltd., Shop/Unit No. 89 (known as FF 89) (As per plan, Block-C & D' First Floor, Shop/Unit No. 3) in "Golden Arcade", G.J.D.C Electronics Estate, Sector 25, G.J.D.C Electronics Estate, Sector 25, Gandhinagar
Building/Society:Golden Arcade commercial Co-operative society Ltd.
Size:847.63 sq feet
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a commercial shop in Gandhinagar, Gujarat. The auction has a reserve price of INR 25,00,000 and requires an EMD of INR 2,50,000. The bidding will take place online on November 20, 2025, from 02:00 PM to 03:00 PM. This is a significant opportunity to acquire a commercial property in Gandhinagar at a competitive price. Interested parties should review all auction terms and conditions provided by Tata Capital Housing Finance Ltd.
Borrower Name:Mr. MEHUL SANJAY PARIKH
Auction Type:SARFAESI Auction
Why This Property
The property is a commercial shop in Gandhinagar, a decent location. The reserve price seems reasonable, but further investigation into the local market and building occupancy rates is recommended. This property offers a calculated opportunity for potential investors.
Contact Details
Branch:Branch Office : Branch Address : Ahmedabad
Service Provider:BidDeal.in
Contact Details:
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