Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613560
Bank Name:DCB Bank
Branch Name:Ahmedabad
Reserve Price:₹3,90,000
EMD:₹39,000
Auction Time:11.00A.M.-1.00P.M.
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Jolva, Surat, Gujarat. The property is being auctioned by DCB Bank under SARFAESI Act. Ideal for individuals or families seeking a home in the Surat region.
State:Gujarat
City:Surat
Area:Jolva
Asset Category:Residential
Full Address:404, SATYAM AVENUE, BUILDING NO.A OF ARADHANA LAKE TOWN PART-4, SATYAM AVENUE, BUILDING NO.A OF ARADHANA LAKE TOWN PART-4, FLAT NO.404, ON THE 4th FLOOR, BLOCK NO.13, 14 & NEW BLOCK NO.13, Jolva, Surat
Building/Society:SATYAM AVENUE, BUILDING NO.A OF ARADHANA LAKE TOWN PART-4
Size:296.00 sq. fts
Auction Description
DCB Bank is conducting a SARFAESI auction for a residential flat in Jolva, Surat. The auction has a reserve price of ₹3,90,000 and an EMD of ₹39,000. Bids will be accepted on 26-11-2025 between 11:00 AM and 01:00 PM. This is a prime opportunity to acquire a property at a potentially attractive price.
Borrower Name:BANSIDHAR PURSOTTAM NAYAK
Auction Type:SARFAESI Auction
Guarantor Names:NALLANI BANSIDHAR NAYAK
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable opportunity due to its location in Jolva and affordable reserve price. However, the smaller size and potentially limited growth in the area suggest a calculated approach. The auction terms are standard, but further due diligence is advised.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankauctions.in
Contact Details:
Contact no: —
