Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612138
Bank Name:The Mehsana Urban Co-operative Bank Ltd.
Branch Name:Mehsana
Reserve Price:₹1,51,94,497
EMD:₹15,19,449
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
Discover a prime commercial shop opportunity in the bustling Sabarmati area of Ahmedabad, Gujarat. This asset is being auctioned by The Mehsana Urban Co-operative Bank Ltd. as part of a SARFAESI auction. Situated in a well-connected locality, this property offers excellent potential for retail or commercial ventures. Its strategic location in Ahmedabad, a major economic hub, makes it an attractive investment. Ideal for entrepreneurs and investors seeking a valuable commercial space in a growing market.
State:Gujarat
City:Ahmedabad
Area:Sabarmati
Asset Category:Commercial
Full Address:Shop No. 6, Pushti Sparsh Arcade, Shop No. 6 on Ground floor, In the scheme known as Pushti Sparsh Arcade, Sabarmati, Ahmedabad
Building/Society:Pushti Sparsh Arcade
Size:59.47 Sq.Mtrs
Auction Description
The Mehsana Urban Co-operative Bank Ltd. presents a SARFAESI auction for a commercial shop in Sabarmati, Ahmedabad. The auction is scheduled for November 25, 2025, with bidding open from 2:00 PM to 6:00 PM. The reserve price is set at ₹1,51,94,497, and the EMD required is ₹15,19,449. This is a unique chance to acquire a commercial property in a sought-after area through a transparent auction process. Interested parties are encouraged to review all auction terms and conditions before participating.
Borrower Name:M/s Aishwarya Corporation
Auction Type:SARFAESI Auction
Guarantor Names:Mr. AjaysinhPadamsinh Chauhan, Mrs. Arunaben Chavda
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Sabarmati, Ahmedabad, and its commercial nature make it a reasonable investment. However, the price point requires careful consideration of market trends and potential returns. Given the auction terms and property specifics, it's categorized as a calculated opportunity.
Contact Details
Branch:Branch Office : Mehsana
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:8347015611
