Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613562
Bank Name:DCB Bank
Branch Name:Ahmedabad
Reserve Price:₹7,84,000
EMD:₹79,000
Auction Time:11.00A.M.-1.00P.M.
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
A residential flat located in the Nanpura area of Surat, Gujarat. This property is being auctioned by DCB Bank. Ideal for individuals or families seeking a home in a well-established locality. Further details regarding the specific amenities, size, and floor plan are available upon request or during inspection.
State:Gujarat
City:Surat
Area:Nanpura
Asset Category:Residential
Full Address:503, MAHAMMADI PALACE, FLAT NO 503 ON 5THFLOOR MAHAMMADI PALACE SITUATED AT CITY SURVEY NONDH NO.4037 OF WARD NO.1, NANPURA, KHATKIWAD AREA, Nanpura, Surat
Building/Society:MAHAMMADI PALACE
Size:630 sq. feet
Auction Description
DCB Bank presents a SARFAESI auction for a residential flat in Nanpura, Surat. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is INR 7,84,000, with an Earnest Money Deposit (EMD) of INR 79,000 required to participate. This is a significant opportunity to acquire a property through a transparent bank auction process.
Borrower Name:SHAIKH SALIMBHAI
Auction Type:SARFAESI Auction
Guarantor Names:SHEKH PARVINBANU SALIM
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in a known locality of Surat being auctioned by DCB Bank. While the reserve price seems reasonable, potential buyers should carefully assess the property condition and location to determine its investment viability. This could be a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankauctions.in
Contact Details:
Contact no: —
