Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613411
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹13,50,000
EMD:₹1,50,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2020-11-26
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 presents a potential opportunity for homebuyers or investors in the Vapi region.
State:Gujarat
City:Valsad
Area:Vapi
Asset Category:Residential
Full Address:B-204, B-205, B-206, B-207, Naaz Residency, Vill-Karwad, Tal-Vapi, Dist-Valsad, Karwad, Valsad
Building/Society:Naaz Residency
Size:656, 656, 611, 577 Sq.fts
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 26, 2025, from 11:00 AM to 4:00 PM. The reserve price for this auction is ₹13,50,000, with an Earnest Money Deposit (EMD) of ₹1,50,000 required to participate. This auction is part of the recovery process related to M/s Navkar Polyplast.
Borrower Name:M/s Navkar Polyplast
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Further interest and Expenses thereon
Why This Property
The property is a residential flat in Vapi, Gujarat, offered at a relatively low reserve price. Given the location and the nature of bank auctions, this presents a calculated opportunity for potential buyers looking for residential properties.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no:9729225088
