Viramgam Flat Auction: 4 Flats in Avadh City from ₹14.79 Lakh – Reserve from ₹14.79 Lakh (22 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-41
Property Description
Federal Bank has published a fresh sale notice for the Viramgam flat auction, and it is open to all eligible bidders. Four adjoining fifth-floor flats (C-501 to C-504) of about 1,044 sq ft each in Avadh City, Viramgam, are offered as separate lots at ₹14.79 lakh each. The online e-auction is scheduled for 22 October 2026 (11:00 AM to 1:00 PM), with a reserve price of from ₹14,79,000.
The property is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – extent, survey numbers, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Viramgam Flat Auction: Key Highlights
- Reserve price: Lot 1 – ₹14,79,000; Lot 2 – ₹14,79,000; Lot 3 – ₹14,79,000; Lot 4 – ₹14,79,000
- EMD: Lot 1 – ₹1,47,900; Lot 2 – ₹1,47,900; Lot 3 – ₹1,47,900; Lot 4 – ₹1,47,900
- Auction date: 22 October 2026, 11:00 AM to 1:00 PM
- Last date for EMD / bid: 21 October 2026, 4:00 PM
- Location: Avadh City, Viramgam, Gujarat
Viramgam Flat Auction – Complete Details
Lot 1: Flat C-501, Avadh City, Viramgam
| Description | Fifth-floor flat in the Avadh City scheme, 97.03 sq m |
| Built-up area | 97.03 sq m (about 1044 sq ft) |
| Survey / Plot No. | S. No. 302 paiki |
| Village | Viramgam |
| Taluk | Viramgam |
| District | Ahmedabad |
| Reserve price | ₹14,79,000 |
| EMD (10%) | ₹1,47,900 |
| Bid increment | ₹10,000 |
Lot 2: Flat C-502, Avadh City, Viramgam
| Description | Fifth-floor flat in the Avadh City scheme, 97.03 sq m |
| Built-up area | 97.03 sq m |
| Survey / Plot No. | S. No. 302 paiki |
| Village | Viramgam |
| Taluk | Viramgam |
| District | Ahmedabad |
| Reserve price | ₹14,79,000 |
| EMD (10%) | ₹1,47,900 |
| Bid increment | ₹10,000 |
Lot 3: Flat C-503, Avadh City, Viramgam
| Description | Fifth-floor flat in the Avadh City scheme, 97.03 sq m |
| Built-up area | 97.03 sq m |
| Survey / Plot No. | S. No. 302 paiki |
| Village | Viramgam |
| Taluk | Viramgam |
| District | Ahmedabad |
| Reserve price | ₹14,79,000 |
| EMD (10%) | ₹1,47,900 |
| Bid increment | ₹10,000 |
Lot 4: Flat C-504, Avadh City, Viramgam
| Description | Fifth-floor flat in the Avadh City scheme, 97.03 sq m |
| Built-up area | 97.03 sq m |
| Survey / Plot No. | S. No. 302 paiki |
| Village | Viramgam |
| Taluk | Viramgam |
| District | Ahmedabad |
| Reserve price | ₹14,79,000 |
| EMD (10%) | ₹1,47,900 |
| Bid increment | ₹10,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Ahmedabad |
| Mode of sale | Online e-auction |
| E-auction portal | www.auctionbazaar.com |
| Type of possession | Physical possession |
| Outstanding dues | ₹71,71,398 |
| Encumbrances | An agreement to sell dated 30-01-2023 in favour of a third party is noted; society charges applicable |
| Notice date | 7 September 2026 |
About the Location – Avadh City, Viramgam
Viramgam is a railway junction town about 60 km west of Ahmedabad, on the route to Surendranagar and the Kutch–Saurashtra corridor. The town is close to the Mandal–Becharaji Special Investment Region, home to Maruti Suzuki and Honda plants, which drives demand for rental housing from industrial workers. Flats in organised schemes like Avadh City are among the few ready apartments available in the town.
Is the Viramgam Flat Auction Worth It?
At around ₹1,417 per sq ft, the reserve is very affordable, but the notice mentions a third-party agreement to sell from 2023 – verify its status before bidding. The bank’s outstanding dues (₹71.71 Lakh) are about 1.2 times the reserve price, so the bank is clearly motivated to close this sale. Bank auction properties usually sell close to the reserve price when competition is thin, which is where serious buyers find value.
Important Dates for the Viramgam Flat Auction
- Sale notice date: 7 September 2026
- Inspection: 14-10-2026, 3:00 PM to 5:00 PM with prior appointment
- Last date for EMD and bid submission: 21 October 2026 (4:00 PM)
- E-auction: 22 October 2026, 11:00 AM to 1:00 PM
How to Bid in This Federal Bank Auction
- Register on www.auctionbazaar.com and complete KYC (PAN, Aadhaar, address proof).
- Obtain a digital signature certificate (DSC) if the service provider requires one.
- Inspect the property within the inspection window after informing the Authorised Officer.
- Pay the EMD of ₹1,47,900 by RTGS/NEFT and upload the bid form before 21 October 2026.
- Log in on 22 October 2026 and bid in multiples of the bid increment; the auction has auto-extension of 5 minutes for late bids.
The successful bidder must pay 25% on acceptance; 75% within 15 days. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title chain for S. No. 302 paiki.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (physical) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our tips for buying bank auction flats before you bid.
Contact the Authorised Officer
| Authorised Officer | Associate Vice President |
| Office | Federal Bank LCRD Ahmedabad Division, Shop 101, First Floor, Central by Sangath, Motera, Ahmedabad 380005 |
| Phone | 079-29900373 |
| ahdlcrd@federal.bank.in |
Viramgam Flat Auction: FAQs
What is the reserve price in the Viramgam flat auction?
Lot-wise reserve prices are: Lot 1 – ₹14,79,000, Lot 2 – ₹14,79,000, Lot 3 – ₹14,79,000, Lot 4 – ₹14,79,000.
When is the Viramgam flat auction scheduled?
The auction is on 22 October 2026 from 11:00 AM to 1:00 PM. EMD and bids must reach the bank by 21 October 2026.
How much EMD is required?
The earnest money deposit is ₹1,47,900 for Lot 1 (see the table above for other lots), usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this property?
Yes, many banks finance auction properties after verifying the sale certificate and title. Arrange the sanction before bidding, since the balance 75% is due within 15 days.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More flat and apartment auctions
- Bank auctions in Ahmedabad
- Guide: home loan for auction property
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Flats & Apartments |
|---|---|
| Built-up Area | 97.03 sq m (about 1044 sq ft) |
| Location | Avadh City, Viramgam, Ahmedabad, Gujarat |
| Possession | Physical |
| Encumbrances | An agreement to sell dated 30-01-2023 in favour of a third party is noted; society charges applicable |
Location Map
Auction Timeline
- 7 Sep 2026Auction Notice Published
- 14 Oct 2026Inspection Ends
- 21 Oct 2026Last Date for EMD Submission
- 22 Oct 2026, 11:00 AM to 1:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.