Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612711
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹4,75,000
EMD:₹47,500
Bid Increment:₹0.1
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
A residential flat located in Vapi, Valsad, Gujarat. This property is being auctioned by Punjab National Bank under the SARFAESI Act. It presents an opportunity for buyers seeking a home or investment in a developed area. The flat is categorized as residential.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:406, NAAZ PARK, Residential flat no 406, in the "C" building known as "NAAZ PARK", constructed on N.A. plot no 7, bearing Revenue survey no 337, Karvad, Vapi
Building/Society:NAAZ PARK
Size:650.00 sq. feet
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Vapi, Valsad, Gujarat. The auction will take place on December 5, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is INR 4,75,000, with an Earnest Money Deposit (EMD) of INR 47,500 required to participate. This is a unique chance to acquire property directly from the bank.
Borrower Name:Mrs. Munni Kalam Khan
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kalam Haqdad Khan
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The property presents a potential investment in a developing locality of Vapi. The reserve price is relatively low, but a thorough evaluation of the building's condition and location within Karvad is recommended. Auction terms appear standard, but further due diligence should be conducted.
Contact Details
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Contact no:9599023685
