Property for Auction in Pardi Sandhpore, Valsad, Gujarat
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612717
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹4,98,000
EMD:₹49,800
Bid Increment:₹500
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
This is a residential flat located in Pardi Sandhpore, Valsad, Gujarat. It is being auctioned by Punjab National Bank under the SARFAESI Act. The property is ideal for individuals or families seeking a home in a developing area. The reserve price for this auction is INR 498,000, with an Earnest Money Deposit (EMD) of INR 49,800 required to participate. The property is being auctioned due to the default of Mr. Manojkumar Ramdayal Patel.
State:Gujarat
City:Valsad
Area:Pardi Sandhpore
Asset Category:Residential
Full Address:302, Madhav Complex-B, Flat No. 302, in Madhav Complex-B, Pardi Sandhpore, Valsad
Building/Society:Madhav Complex-B
Size:620 Sq. Ft.
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Pardi Sandhpore, Valsad, Gujarat. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 4:00 PM. The bidding will commence at a reserve price of INR 498,000. A mandatory EMD of INR 49,800 must be submitted by interested bidders. This is a valuable opportunity to acquire a property at a competitive price through a transparent bank auction process.
Borrower Name:Mr. Manojkumar Ramdayal Patel
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Gujjarilal Nikhilal Gupta
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a residential flat in Valsad offered at a reasonable reserve price, but limited information and competition during auction could impact profitability. Location in Pardi Sandhpore provides stable investment potential. Auction terms are standard, making it a calculated opportunity.
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Contact no:9599023685