Property for Auction in Vapi, Valsad, Gujarat
Auction ID:563859
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹7,95,000
EMD:₹80,000
Service Provider:BAANKNET
Submission Date:07-09-2025 05:00 PM
Bid Start Date:08-09-2025 11:00 AM
This auction features a residential flat located in Vapi, a significant industrial and commercial hub within the Valsad district of Gujarat. The property is classified under the residential asset category and is being auctioned by Punjab National Bank. Vapi is known for its robust industrial infrastructure and connectivity, offering potential for rental income or a comfortable living space. The flat is part of a SARFAESI auction, representing a chance to acquire real estate directly from the bank. The specific location details and the physical condition of the flat will be made available to prospective bidders during the auction period.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Punjab National Bank invites bids for a residential flat in Vapi, Valsad, Gujarat, through a SARFAESI auction. The property, formerly owned by M/s Karan Industry, has a reserve price of INR 7,95,000 and requires an Earnest Money Deposit (EMD) of INR 80,000. This is a prime opportunity for investment or homeownership in a developing area. The auction will be conducted online on September 8, 2025, from 11:00 AM to 4:00 PM IST. Interested parties are encouraged to review all auction terms and conditions before participating. Secure your bid for this bank-auctioned property.
Borrower Name:M/s Karan Industry
Auction Type:SARFAESI Auction
Mobile No : 9729225088