Shop for auction Sabarmati Ahmedabad 2 Cr The Mehsana Urban Co-operative Bank Ltd.

Property for Auction in Sabarmati, Ahmedabad, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
59.47 sq.mtrs
Reserve Price
1,51,94,497
Reserve Price
1,51,94,497
EMD Required
15,19,449
Property Specifications
Society/BuildingPushti Sparsh Arcade
Size59.47 sq.mtrs
Unit No.Shop No. 6
FloorGround floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Sabarmati, Ahmedabad
Auction Date IconAuction Date:
25-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612136

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

This is a prime commercial shop located in the bustling area of Sabarmati, Ahmedabad, Gujarat. The property is being auctioned by The Mehsana Urban Co-operative Bank Ltd. as part of a SARFAESI auction. Ideal for business ventures, this asset offers a strategic location within a well-developed commercial hub. The property is categorized as commercial and presents a significant investment opportunity in one of Ahmedabad's key areas.

State:Gujarat

City:Ahmedabad

Area:Sabarmati

Asset Category:Commercial

Full Address:Shop No. 6, Pushti Sparsh Arcade, Shop No. 6 on Ground floor, Pushti Sparsh Arcade, Sabarmati, Ahmedabad

Building/Society:Pushti Sparsh Arcade

Size:59.47 sq.mtrs

Auction Description

The Mehsana Urban Co-operative Bank Ltd. is conducting 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 for this valuable commercial asset is ₹1,51,94,497.00, with an Earnest Money Deposit (EMD) of ₹15,19,449.00 required to participate. This is a unique chance to acquire a commercial property in a sought-after location in Gujarat.

Borrower Name:M/s Heer Associates

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Ajaysinh Padamsinh Chauhan, Chandrikaben Laljibhai Solanki, Mrs. Arunaben Chavda

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a commercial shop in a decent location with a reasonable reserve price. However, further due diligence is recommended to assess the property's market value and potential returns, making it a calculated investment opportunity.

Contact Details

Branch:Branch Office : Mehsana

Service Provider:drt.auctiontiger.net

Contact Details:

Contact no:8347015611

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