Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613805
Bank Name:Central Bank of India
Branch Name:Rajkot Regional Office
Reserve Price:₹6,41,600
EMD:₹64,160
Bid Increment:₹10,000
Auction Time:12:00 Noon to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a bank auction of land located in Amreli, Gujarat, brought to you by the Central Bank of India. The property is being auctioned under SARFAESI rules. The reserve price for this land is INR 6,41,600, with an Earnest Money Deposit (EMD) of INR 64,160. This is a prime opportunity to acquire land in the Amreli area, suitable for residential development.
State:Gujarat
City:Amreli
Area:Amreli
Asset Category:Residential
Full Address:Shop No. 14, Shyam Sundar Complex, C. S. No. 80P, Tika No. 9/3, Shop No. 14, Total Adm. 13.92 Sq. Mtrs. at 1st Floor, Hira Moti Chowk, Liliya Road, Shyam Sundar Complex, Amreli, Gujarat-365 601, Hira Moti Chowk, Liliya Road, Amreli
Building/Society:Shyam Sundar Complex
Size:13.92 Sq. Mtrs.
Auction Description
The Central Bank of India is conducting an online SARFAESI auction for a residential land parcel in Amreli, Gujarat. The auction will commence on November 19, 2025, at 12:00 PM and will conclude at 5:00 PM on the same day. The minimum bidding price (reserve price) is set at INR 6,41,600, and interested bidders must submit an EMD of INR 64,160. This auction presents a unique chance for individuals and developers to purchase property in a desirable location.
Borrower Name:Mr. Shaileshbhai Dineshbhal Gajera
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ravi Dineshbhai Gajera
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This commercial shop in Amreli presents a calculated investment opportunity. While the size is relatively small, the location in a known complex and the reserve price suggest reasonable value. Further due diligence regarding local market conditions is advised before bidding.
Contact Details
Branch:Branch Office : Rajkot Regional Office
Service Provider:BAANKNET
Contact Details:
Mr. Akash Dave
Contact no:9687690045
