Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612940
Bank Name:Bank of Baroda
Branch Name:modasa main Brnch
Reserve Price:₹33,12,000
EMD:₹3,31,200
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a bank auction for a commercial shop located in Modasa, Aravalli, Gujarat. Situated in a prime commercial area, this property offers excellent potential for business growth. The shop is part of a SARFAESI auction conducted by Bank of Baroda. The borrower is M/s. The Quality Shop. Ideal for investors or business owners looking for a strategic location in Gujarat.
State:Gujarat
City:Aravalli
Area:Modasa,
Asset Category:Commercial
Full Address:Shop No. 18, 19, 20 & 21, Plot No 1, Paiky Eastem Side, Maoje Tintoi, Taluka Modasa, Dist Arvalli, Tintoi, Modasa
Size:131.23 Sq. Mtrs
Auction Description
Bank of Baroda presents a SARFAESI auction for a commercial shop in Modasa, Aravalli, Gujarat. The auction will take place on December 5, 2025, from 2:00 PM to 6:00 PM. The reserve price for this asset is ₹33,12,000, with an Earnest Money Deposit (EMD) of ₹3,31,200 required. This is a fantastic opportunity to acquire a commercial property through a transparent auction process.
Borrower Name:M/s. The Quality Shop
Auction Type:SARFAESI Auction
Guarantor Names:Farukbhai Yunusbhai Damri, YakubbhaiVadivali Fali
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Modasa and commercial nature offer potential. However, the symbolic possession and auction terms necessitate careful due diligence. The reserve price relative to the area should be evaluated for market competitiveness.
Contact Details
Branch:Branch Office : modasa main Brnch
Service Provider:Public Auction
Contact Details:
Contact no:8808460504
