Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613372
Bank Name:Religare Finvest Ltd
Branch Name:Regd Off
Reserve Price:₹22,78,000
EMD:₹2,27,800
Auction Time:02:30 PM to 03:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
A prime commercial shop located in the bustling Mehsana sim area of Mehsana, Gujarat. This asset, categorized as commercial, presents an excellent opportunity for business owners or investors seeking a strategic location within a developing commercial hub. The property is being auctioned by Religare Finvest Ltd.
State:Gujarat
City:Mehsana
Area:Mehsana sim
Asset Category:Commercial
Full Address:1 & 2, KANT GOVIND OWNERS ASSOCIATION A SCHEME KNOWN AS KRISHNA SHOP CENTRE, SHOP NO. 1 ADMEASURING 13.05 SQ. MTRS & SHOP NO.2 ADMEASURING 19.41 SQ. MTRS ON LOWER GROUND FLOOR, Mehsana sim, Mehsana
Building/Society:KANT GOVIND OWNERS ASSOCIATION A SCHEME KNOWN AS KRISHNA SHOP CENTRE
Size:32.46 sq. mtrs
Auction Description
Religare Finvest Ltd is conducting a SARFAESI auction for a commercial shop in Mehsana, Gujarat. The auction will take place on November 26, 2025, starting at 02:30 PM and concluding at 03:30 PM. The reserve price is set at INR 22,78,000, with an Earnest Money Deposit (EMD) of INR 2,27,800 required to participate. This is a significant opportunity to acquire commercial real estate in Mehsana.
Borrower Name:SHREE RAM HOZIYARI MART
Auction Type:SARFAESI Auction
Guarantor Names:VISHNUBHAI P PATEL, PRAHLADBHAI NAROTTAMDAS PATEL, PRAHLADBHAI N PATEL, TINKALBEN VINODBHAI PATEL, VINODKUMAR PRAHELADBHAI PATEL
Legal Details
Possession Status:Physical
Encumbrance Details:RFL is not aware of any other legal encumbrances except to us on the secured asset to be sold.
Why This Property
The property is a commercial shop in Mehsana, Gujarat, offered at a reserve price of ₹2278000.0. While the location is favorable, the need for due diligence and the specific auction terms suggest a calculated approach for potential investors. The 'Calculated Opportunity' tier reflects this balance of potential and risk.
Contact Details
Branch:Branch Office : Regd Off
Service Provider:Public Auction
Contact Details:
ABHISHEK KUMAR SHUKLA
Contact no:+917291971124/25/26
