Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612729
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹5,22,000
EMD:₹52,200
Bid Increment:₹10,000
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
This is a residential flat located in Vapi, Valsad, Gujarat, being auctioned by Punjab National Bank under SARFAESI Act. The property is an asset of Sufiya Sarfaraj Shaikh. Ideal for residential use, this flat offers a great opportunity in a developing area.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:408, NAAZ PARK, House No 104/871, Imran Nagar, Gita Nagar Road, Vapi, 396191, Imran Nagar, Gita Nagar Road, Vapi
Building/Society:NAAZ PARK
Size:650.00 sq. feets
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction has a reserve price of 5,22,000 INR and an EMD of 52,200 INR. Bidding opens on December 5, 2025, at 11:00 AM and closes at 04:00 PM on the same day. Secure your bid for this valuable property.
Borrower Name:Sufiya Sarfaraj Shaikh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable investment opportunity given its location in Vapi and the reserve price. While the area is decent, potential investors should conduct thorough due diligence on the property's condition and local market trends before bidding. The physical possession adds a layer of security.
Contact Details
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Contact no:9599023685
