Shop for Auction Naroda Ahmedabad 1.4 Crore by Axis Bank
Naroda, Ahmedabad
Area: 98.61 sq. mtrs
Shop No. 107 & 108, Orchid Elegance, Survey No. 757/1, Mouje. Naroda, Ta. Asarwa, Ahmedabad
Axis Bank · Branch Office :Ahmedabad
Reserve price
₹1,41,64,350
EMD ₹14,16,435
Auction date
22 Oct 2026, 11:00 AM
Auction notice
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Quick read
- ▸Area: 98.61 sq. mtrs
- ▸Locality: Naroda
- ▸Reserve: ₹1,41,64,350
- ▸EMD: ₹14,16,435
Auction snapshot
| Possession | — |
| Property type | Commercial Shop · Commercial |
| Locality | Naroda |
| Built-up / plot area | 98.61 sq. mtrs |
| Lender | Axis Bank |
| Branch | Branch Office :Ahmedabad |
| Unit / flat no. | Shop No. 107 & 108 |
| Building / society | Orchid Elegance |
| Auction type | SARFAESI Auction |
| Service provider | Samil |
About this property
Commercial Shop bank auction in Naroda, Ahmedabad by Axis Bank — reserve price ₹1,41,64,350, 98.61 sq. mtrs.
This bank auction property features two commercial shops (Shop No. 107 and 108) located in the prime locality of Naroda, Ahmedabad. Situated in the well-known Orchid Elegance complex, the total area of the property is 98.61 sq. mtrs, inclusive of undivided land share. This commercial shop for sale offers a strategic location in the Ahmedabad-6 registration sub-district, making it an excellent investment opportunity for business owners or investors looking for commercial real estate in Gujarat. The property is being sold via e-auction by Axis Bank. Interested bidders can participate in the auction scheduled for 2024-10-16. With a reserve price of ₹1,41,64,350 and an EMD of ₹14,16,435, this is a significant opportunity to acquire commercial space in a developing industrial and residential hub.
GeoSquare note: The property offers a significant combined area in a well-established commercial scheme in Naroda, which is a bustling industrial and residential area of Ahmedabad. Given the reserve price and the nature of the combined shop units, it represents a strong investment potential for business operations or rental income. Prospective buyers should confirm physical possession status before bidding.
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