Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612721
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹12,70,000
EMD:₹1,27,000
Bid Increment:₹15,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2023-07-20
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. It is part of a bank auction being conducted by Punjab National Bank. The property is categorized as residential and is being auctioned under the SARFAESI Act.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:201, Astha Avenue, Flat No 201, Astha Avenue, 2nd Floor, B/H Harihar Apartment Village Balitha, Taluka: Vapi, Dist: Valsad 396191, Balitha, Vapi
Building/Society:Astha Avenue
Size:1055.00 square ft.
Auction Description
Punjab National Bank is auctioning a residential flat in Vapi, Valsad, Gujarat. The auction will take place on 05-12-2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this SARFAESI auction is ₹12,70,000, with an Earnest Money Deposit (EMD) of ₹1,27,000 required to participate.
Borrower Name:Ramsingh Madhusingh Rathod
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in Vapi, Gujarat, offered at a relatively affordable reserve price. The symbolic possession status introduces some risk, but the location and price point may make it a worthwhile investment for those familiar with the area and auction process. Due diligence is recommended.
Contact Details
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Contact no:9599023685
