Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612180
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹9,10,000
EMD:₹91,000
Bid Increment:₹10,000
Auction Time:11 am to 5 pm
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Bharuch, Gujarat, being auctioned by the Bank of India. The property is part of a SARFAESI auction and is offered as a residential asset. It presents an opportunity for prospective buyers in the Bharuch area.
State:Gujarat
City:Bharuch
Area:Bharuch
Asset Category:Residential
Full Address:202, Piyaji Complex, No 202.2nd Floor, Ground plus Two Storied Building Built up area 51.12 sq mts, It is known as Piyaji Complex, Behind Shalimar Complex, RS No 56+57 paiki, Bharuch district Gujarat, Bharuch, Bharuch
Building/Society:Piyaji Complex
Size:51.12 sq mts
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Bharuch, Gujarat. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this auction is ₹910,000, with an Earnest Money Deposit (EMD) of ₹91,000 required. This auction is for the property associated with borrower Mr. CHETANBHAI PATEL.
Borrower Name:Mr. CHETANBHAI PATEL
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Bharuch, offered at a reasonable reserve price. While the location is not explicitly prime, the price point and physical possession status make it a worthwhile investment with calculated risks. The auction terms are standard, and further due diligence on the property is recommended.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:Public Auction
Contact Details:
Contact no:8878965825
