Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612718
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹9,76,000
EMD:₹97,600
Bid Increment:₹10,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2024-12-02
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. The property is being auctioned by Punjab National Bank under the SARFAESI Act. The reserve price for this auction is ₹976,000, with an Earnest Money Deposit (EMD) of ₹97,600.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:201, NANDANDHAM CO OP HSG SOC LTD, Flat No. 201, B - Building, Nandandham Co-op Housing Society, Behind Tata Motors, Vapi, Chala, Vapi
Building/Society:NANDANDHAM CO OP HSG SOC LTD
Size:651.00 sq. ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price is set at ₹976,000, and the EMD required is ₹97,600.
Borrower Name:Mrs. Nisha Hemant Borse
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Hemant Bapu Borse
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
Located in Vapi, Gujarat, this residential flat offers a calculated opportunity due to its relatively affordable reserve price and symbolic possession. While not a prime investment, its accessible price point and clear auction terms present a viable option for investors seeking a residential property in the Valsad region.
Contact Details
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Chief Manager, Authorised Officer
Contact no:9599023685
