Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613084
Bank Name:Encore ARC Pvt Ltd
Branch Name:Gurugram
Reserve Price:₹1,60,00,000
EMD:₹10,00,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This auction features a prime commercial shop located in the bustling Wadiwadi area of Vadodara, Gujarat. The property is part of a SARFAESI auction conducted by Encore ARC Pvt Ltd, offering a significant opportunity for commercial investment. Situated in a well-developed locality, this asset presents excellent potential for retail or service-based businesses. The borrower is M/s Shanti Selection. Don't miss this chance to acquire a valuable commercial asset in a thriving city.
State:Gujarat
City:Vadodara
Area:Wadiwadi
Asset Category:Commercial
Full Address:Shop No. 29, Atlantis K-10, Shop No. 29 (as per approved map, Shop No. 28) on Ground Floor paiki Northern Side total two portion Shop No. 29, in the scheme known as Atlantis K-10 situated at Revenue Survey No. 54 Paiki, City Survey No. 382 Paiki and 383 Paiki of Moje Wadiwadi, Wadiwadi, Vadodara
Building/Society:Atlantis K-10
Size:1193 sq. fts
Auction Description
Encore ARC Pvt Ltd presents an online SARFAESI auction for a commercial shop in Wadiwadi, Vadodara. The auction will take place on November 26, 2025, with bidding open from 12:00 PM to 01:00 PM. The reserve price is INR 1,60,00,000, and the Earnest Money Deposit (EMD) required is INR 16,00,000. This is a unique opportunity to bid on a commercial property directly from the bank. Ensure you are registered and prepared to participate in this time-sensitive auction.
Borrower Name:M/s Shanti Selection
Auction Type:SARFAESI Auction
Guarantor Names:Late Mr. Krutesh Girishkumar Shah Through legal heirs, Yamini Krutesh Shah, Avantikaben Girishkumar Shah, Girish Shantilal Shah
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Wadiwadi, Vadodara, a potentially profitable location. The reserve price seems reasonable, and the auction terms are standard. This presents a strong investment opportunity for interested buyers.
Contact Details
Branch:Branch Office : Gurugram
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no:9930171113
