Flat for auction 2 Twin Tower, Bagumara, Surat by PIRAMAL CAPITAL AND HOUSI

Property for Auction in Bagumara, Surat, Gujarat

Property Type IconProperty Type:
Flat
Location IconLocation:
Bagumara, Surat
Auction Date IconAuction Date:
08-03-2025 11:00 AM

Auction Details

Auction ID:452259

Bank Name:PIRAMAL CAPITAL AND HOUSING FINANCE LTD

Branch Name:Registered Office : Kurla (West) Mumbai

Reserve Price:2,00,000

EMD:20,000

Service Provider:Public Auction

Important Dates

Submission Date:07-03-2025 04:00 PM

Bid Start Date:08-03-2025 11:00 AM

Property Description

This presents an exceptional opportunity for new property buyers to acquire a strategically located residential flat in Surat's burgeoning Bagumara area. Specifically, Flat No. G-2 on the Ground Floor of Building No. B, Twin Tower, offers remarkable convenience and accessibility, making it an ideal choice for families or individuals seeking a comfortable living space. Its ground-floor position can be particularly advantageous, offering easy access and potentially greater privacy. Bagumara, a key locality within Surat, is known for its developing infrastructure and connectivity, promising a vibrant community atmosphere and potential for future appreciation. This residential flat, categorized as an independent property, represents a prime entry point into the real estate market, offering new buyers a chance to own a home in a dynamic city at a potentially advantageous price through a bank auction. It's a compelling consideration for those looking to invest in their future and secure a valuable asset.

State:Gujarat

City:Surat

Area:Bagumara

Asset Category:Residential

Auction Description

Prospective new buyers interested in this property should note that the auction is a SARFAESI Auction conducted by PIRAMAL CAPITAL AND HOUSING FINANCE LTD, ensuring a transparent and regulated process for the acquisition of distressed assets. The Reserve Price for this attractive flat is set at a highly competitive 200,000.00, with an Earnest Money Deposit (EMD) of 20,000.00 required to participate in the bidding, which is typically refundable to non-successful bidders post-auction. Key dates to remember for this public auction include the Application Submission Deadline on March 7, 2025, by 04:00 PM. The actual e-Auction will commence on March 8, 2025, from 11:00 AM and conclude at 01:00 PM. It is paramount for new buyers to conduct thorough due diligence, including legal and physical verification of the property, prior to bidding. For any queries or assistance regarding the process, prospective bidders are strongly encouraged to directly contact the authorized persons: Dipnesh Rathod (9687619755), Dharmesh Variya (9925827126), or Vishal Ketelo (9584966653). Understanding these details is vital for a successful auction experience and informed participation.

Borrower Name:Mukeshbhai Parmar

Auction Type:SARFAESI Auction

Contact Details

Contact Person: (1). Dipnesh Rathod-9687619755, (2). Dharmesh Variya-9925827126, (3). Vishal Ketelo-9584966653

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