Flat for auction Mahidharpura Surat 16 lakh Bank of India

Property for Auction in Mahidharpura, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
825.00 Sq.fts
Reserve Price
15,58,000
Reserve Price
15,58,000
EMD Required
1,55,800
Property Specifications
Society/BuildingNAND APARTMENT
Size825.00 Sq.fts
Unit No.102
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Mahidharpura, Surat
Auction Date IconAuction Date:
09-12-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613835

Bank Name:Bank of India

Branch Name:ZONAL OFFICE: SURAT

Reserve Price:15,58,000

EMD:1,55,800

Auction Time:11 am to 5 pm

Service Provider:BAANKNET

Important Dates

Submission Date:08-12-2025 05:00 PM

Bid Start Date:2025-12-09

Property Description

A residential flat located in Mahidharpura, Surat, Gujarat, is up for auction by the Bank of India. This SARFAESI auction presents a valuable opportunity to acquire property in a well-known area. The flat is categorized as residential, making it suitable for personal use or as an investment. Surat is a major commercial and industrial hub in Gujarat, offering good connectivity and amenities.

State:Gujarat

City:Surat

Area:Mahidharpura

Asset Category:Residential

Full Address:102, NAND APARTMENT, Mahidharpura, Charkhana, District Surat, Mahidharpura, Surat

Building/Society:NAND APARTMENT

Size:825.00 Sq.fts

Auction Description

This is a SARFAESI auction conducted by the Bank of India for a residential flat in Mahidharpura, Surat. The auction is scheduled for December 9, 2025, with bidding open from 12:00 PM to 5:00 PM. The reserve price for this property is ₹15,58,000, and the Earnest Money Deposit (EMD) required is ₹1,55,800. This auction provides a transparent process for interested buyers to acquire the property.

Borrower Name:Mrs. Khusbu Hirenkumar Surti

Auction Type:SARFAESI Auction

Guarantor Names:Hasmukhbhai Manilal Gajjar

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Surat and reasonable reserve price make it a calculated opportunity. While it's a residential flat, the competitive auction environment could affect the final price. Due diligence on the property's condition and legal standing is recommended before bidding.

Contact Details

Branch:Branch Office : ZONAL OFFICE: SURAT

Service Provider:BAANKNET

Contact Details:

Contact no:9891382307

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