Flat for auction Olpad Surat 9 lakh Hinduja Housing Finance Ltd

Property for Auction in Olpad, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 5.5
Possession
Symbolic
Size
37.54 Sq. Mts
Reserve Price
9,09,000
Reserve Price
9,09,000
EMD Required
90,900
Property Specifications
Society/BuildingHINDVA PALACE
Size37.54 Sq. Mts
Unit No.405
Floor4th
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Olpad, Surat
Auction Date IconAuction Date:
05-12-2025 03:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.5

Auction ID:609336

Bank Name:Hinduja Housing Finance Ltd

Branch Name:Corporate Office: Chennai

Reserve Price:9,09,000

EMD:90,900

Service Provider:drt.auctiontiger.net

Important Dates

Submission Date:04-12-2025 05:00 PM

Bid Start Date:05-12-2025 03:00 PM

Property Description

This is a residential flat located in Olpad, Surat, Gujarat. The property is being auctioned by Hinduja Housing Finance Ltd. It is an excellent opportunity for potential buyers looking for a home in a well-connected area of Surat. The flat is suitable for individual buyers or small families.

State:Gujarat

City:Surat

Area:Olpad

Asset Category:Residential

Full Address:405, HINDVA PALACE, Flat No.405 in the scheme known as "HINDVA PALACE", Plot No.4 of Revenue Survey/Block No. 295/B paikee, Near Tapovan School, Opposite Kailash Residency, Mulad Road, Mouje Mulad of Olpad Taluka, Olpad, Surat

Building/Society:HINDVA PALACE

Size:37.54 Sq. Mts

Auction Description

Hinduja Housing Finance Ltd presents a SARFAESI auction for a residential flat in Olpad, Surat. The auction has a reserve price of INR 9,09,000 and requires an EMD of INR 90,900. The auction will take place on December 5, 2025, from 3:00 PM to 5:00 PM. This is a great chance to acquire property through a transparent bank auction process.

Borrower Name:Mr. Prahalad Kol

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Rinki Prahalad Kol, Mr. Prahalad Suresh Kol

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in Olpad, Surat, offered at a relatively modest reserve price. While the location might not be prime, the lower price point could present a calculated opportunity for buyers familiar with the area. Due diligence regarding future development in the locality is recommended.

Contact Details

Branch:Branch Office : Corporate Office: Chennai

Service Provider:drt.auctiontiger.net

Contact Details:

Contact no: —

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