Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613823
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹5,75,000
EMD:₹57,500
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
This is a bank auction of a residential flat located in Palsana, Surat, Gujarat. The property is being auctioned by the Bank of India under the SARFAESI Act. The flat is owned by Mr. Dipendra Himmat Singh. This is a great opportunity to acquire a residential property in a developing area of Surat.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:1 503, Radhapuram Residency, Radhapuram Residency Nr. Chatrala complex, Moje Vareli Gam, Ta. PAlsana, Dist- Surat, Palsana, Surat
Building/Society:Radhapuram Residency
Size:60.41 Sq. Mt.
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in Palsana, Surat. The auction will take place on December 9, 2025, starting at 12:00 PM and ending at 5:00 PM. The reserve price for this auction is ₹5,75,000, with an Earnest Money Deposit (EMD) of ₹57,500 required to participate. Interested bidders should ensure they have the necessary funds and documentation ready for this one-day auction event.
Borrower Name:Mr. Dipendra Himmat Singh
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable investment opportunity given its location in Palsana, Surat and relatively low reserve price. While not a prime investment, the symbolic possession status introduces a slight risk factor. Further due diligence is advisable before bidding to ascertain market value and potential appreciation.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:8789800351
