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Shop SARFAESI Auction

160 sq ft Shop for Auction in Padra, Vadodara – IndusInd

Padra, Vadodara, Gujarat · Auction ID #95591

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Shop for auction in Padra, Vadodara – IndusIndRepresentative image – no photo published by the bank
Reserve Price ₹16,20,000
EMD (Earnest Money)₹1,62,000
Bid Increment₹1,00,000
Auction Date 29 Oct 2026, 10:30 AM
EMD Last Date 28 Oct 2026, 05:00 PM
Area160 sq ft
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Property Details

Property type
Shop (Commercial)
Possession
Not specified
Area
160 sq ft
Reserve price / sq ft
₹10,125
Locality
Padra
State
Gujarat

Description (as per sale notice)

Immovable property being a Shop No 09 on the ground floor admeasuring 160 Sq. Ft in Tower No 01 (as per map) (on site consists of Tower o A1 and A2) of scheme named “Akshar Heights” constructed on NA land lying, being and situate at Village Padra (Kasba) sim bearing Revenue Survey Nos 986, 987 and 993/1 being FP No 19 admeasuring 12311.00 Sq. Mtrs of TP Scheme No 02 in the sub-registration district Padra, registration district Vadodara in the state of Gujarat and bounded by : East: Parking of Tower No 2 West: 18.00 meter road North: Shop No GF/10 South: Shop No/08
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Bank & Auction Details

Bank / Lender
IndusInd Bank
Branch
IndusInd Bank Limited, One Indiabulls Centre, Elphinstone Road, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
MAHESH T*****
Auction start
29 Oct 2026, 10:30 AM
Auction end
29 Oct 2026, 11:30 AM
EMD submission deadline
28 Oct 2026, 05:00 PM
Inspection
21 Oct 2026, 11:30 AM – 21 Oct 2026, 12:30 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹10,125 per sq ft. The average across commercial bank auctions in Vadodara on our site is ₹7,147 per sq ft, so this one is 42% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  2. Inspect the property on 21 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,62,000 before 28 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with IndusInd Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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