Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613771
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹11,26,000
EMD:₹1,13,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Vapi, Valsad, Gujarat. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It offers a potential opportunity for homeownership or investment in a developing area.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:103, NAAZ PARK, Residential Flat No. 103, Naaz Park, Constructed on N.A. Plot No.7,8,9,10,11,12,13,14, 15,16,17,18,19 and 20 bearing Revenue Survey No 337, Village-Karvad, Karvad, Vapi
Building/Society:NAAZ PARK
Size:1390.00 Square Feets
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will take place on November 20, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹11,26,000 and the Earnest Money Deposit (EMD) is ₹1,13,000. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:Asfaq Basir Shaikh
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Sahil Basir Shaikh
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a reasonably priced flat in Vapi, Gujarat. While not a prime investment, the location and price point make it a calculated opportunity. Auction terms seem standard, but potential buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no:9729225088
