Flat for Auction Karchelia Surat 12.2 Lakh by Central Bank of India

Quick read

• ▸Possession: Physical
• ▸Area: 1730 sq. ft.
• ▸Locality: Karchelia
• ▸Reserve: ₹12,24,000
• ▸EMD: ₹1,22,400

About this property

Flat bank auction in Karchelia, Surat by Central Bank of India — reserve price ₹12,24,000, 1730 sq. ft., Physical possession.

Explore this bank auction property located in the serene locality of Karchelia, Mahuva, Surat. This residential flat, situated in the Khushabu Complex, offers a generous super built-up area of 1730 sq. ft. on the third floor. The property includes an undivided share in the land and is being auctioned by the Central Bank of India (Dasturwad Branch). With a reserve price of ₹12,24,000, this is an excellent opportunity for homebuyers or investors looking for affordable real estate in the Surat district. The property is currently under physical possession by the bank, ensuring a transparent acquisition process. Interested buyers should review the auction details carefully to participate in this sale of a well-located residential asset in Gujarat.

GeoSquare note: The property offers a significant built-up area at a very competitive reserve price, making it an attractive prospect for budget-conscious buyers. Since the bank has taken physical possession, the transition process is expected to be more straightforward compared to symbolic possession properties. The location in Mahuva, Surat, provides decent connectivity for residential living.