Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612142
Bank Name:The Mehsana Urban Co-operative Bank Ltd.
Branch Name:Mehsana
Reserve Price:₹22,65,329
EMD:₹2,26,533
Bid Increment:₹25,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A prime commercial shop located in the bustling area of Maninagar, Ahmedabad, Gujarat. This property is being auctioned by The Mehsana Urban Co-operative Bank Ltd. under SARFAESI Act. It presents an excellent opportunity for business owners and investors looking to establish or expand their presence in a high-footfall commercial hub.
State:Gujarat
City:Ahmedabad
Area:Maninagar
Asset Category:Commercial
Full Address:A/311, A/316, Shayona Land Corporation of Suvan Business Park, Block No. A, Shop No. A/311 on 3rd Floor in the scheme known as "Shayona Land Corporation" of "Suvan Business Park", Maninagar, Ahmedabad
Building/Society:Shayona Land Corporation of Suvan Business Park
Size:45.46 Sq.Mtrs
Auction Description
The Mehsana Urban Co-operative Bank Ltd. is conducting a SARFAESI auction for a commercial shop in Maninagar, Ahmedabad. The auction will take place on November 25, 2025, between 02:00 PM and 06:00 PM. The reserve price is set at 22,65,329.0, with an Earnest Money Deposit (EMD) of 2,26,533.0 required. This is a direct opportunity to acquire a commercial asset through a bank auction.
Borrower Name:M/S PR Enterprise
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Priyank Shashikant Vyas, Mr.Dharmendra Narayanbhai Patel
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a moderate investment opportunity due to its commercial nature and location in Maninagar, Ahmedabad. However, potential investors should carefully evaluate the property's condition and market demand before bidding, as well as the terms of the auction.
Contact Details
Branch:Branch Office : Mehsana
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:8347015611
