Property for Auction in Mahidharpura, Surat, Gujarat
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
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:9891382307