Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612703
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹6,40,000
EMD:₹64,000
Bid Increment:₹0.1
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
A residential flat located in Vapi, Valsad, Gujarat, being auctioned by Punjab National Bank. This property is offered under the SARFAESI Act and presents a great opportunity for prospective buyers in the region. The flat is part of a residential development and is available for purchase through a public auction.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:C-101, Shivaji Park, Residential Flat No C-101, Shivaji Park, Chharwada Gram Panchayat, Taluka-Vapi, Dist: Valsad, Gujarat State, Chharwada, Vapi
Building/Society:Shivaji Park
Size:450.00 Square feets
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹6,40,000, with an Earnest Money Deposit (EMD) of ₹64,000 required to participate. This is a fantastic opportunity to acquire property through a transparent banking auction process.
Borrower Name:Ganesh Dagdu Tonge
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property represents a calculated opportunity due to its location in Vapi and relatively affordable reserve price. While the size is modest, the symbolic possession and potential for clear title make it worth considering for local investors. Further due diligence is recommended to assess the full market value and potential rental income.
Contact Details
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Contact no: —
