559 sq meter Residential Plot for Auction in Ahmedabad – Indian Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

559 sq meter (≈ 6,017 sq ft)

Reserve price / sq ft

₹5,833

Locality

—

City

Ahmedabad

State

Gujarat

Pincode

380050

Address

Ahmedabad, Gujarat, 380050 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

NARODA - 4471

Auction type

SARFAESI Auction

Borrower

M/s G***** B***** R***** P***** L***** (*** K**** as M/s. G***** B***** R***** L*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 04:00 PM

EMD submission deadline

17 Nov 2026, 08:00 PM

Inspection

20 Oct 2026, 10:00 AM – 17 Nov 2026, 04:00 PM

Authorised officer

MUKESH JANGIR

Officer contact

9829743273

E-auction portal

BAANKNET (Property ID IDIB960112102601)

Price Check

This listing's reserve price works out to ₹5,833 per sq ft. The average across residential bank auctions in Ahmedabad on our site is ₹4,810 per sq ft, so this one is 21% 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.
2. Inspect the property on 20 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB960112102601)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Nov 2026, 08:00 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price.
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.