Property for Auction in Simada, Surat, Gujarat
Auction ID:567485
Bank Name:IDBI Bank
Branch Name:Mumbai
Reserve Price:₹30,00,000
EMD:₹3,00,000
Service Provider:BAANKNET
Submission Date:25-09-2025 04:00 PM
Bid Start Date:26-09-2025 11:00 AM
This is a residential flat located in Simada, Surat, Gujarat, presented for auction by IDBI Bank. The property, formerly owned by Mr. Sureshbhai Shambhubhai Patel, offers an excellent opportunity for homeownership or investment in a well-established area of Surat. The flat is part of a SARFAESI auction, providing a transparent and legal process for acquisition. Situated in Gujarat, this asset is ideal for those seeking property in a developing and economically active region. The specific details regarding the flat's size, amenities, and exact location within Simada will be available through the official auction documents.
State:Gujarat
City:Surat
Area:Simada
Asset Category:Residential
IDBI Bank is conducting a SARFAESI auction for a residential flat in Simada, Surat, Gujarat. The auction will commence on September 26, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is set at ₹3,000,000, with an Earnest Money Deposit (EMD) of ₹300,000 required to participate. This is a prime opportunity to acquire a residential asset through a government-regulated auction process. Interested bidders are advised to review all auction terms and conditions, property-related documents, and conduct their due diligence prior to the auction date to ensure a smooth and informed bidding experience.
Borrower Name:Mr. Sureshbhai Shambhubhai Patel
Auction Type:SARFAESI Auction
Shri Umesh Singhania (M) 9967701574 ,Shri. Deepak Kumar Singh (M) 9320194547 ,, Shri. Rohan Shishir Modi (M) 9825786690