Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613440
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹8,51,000
EMD:₹85,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:26-11-2025 11:00 AM
Property Description
This is a residential flat located in Pardi Sandhpore, Valsad, Gujarat. The property is being auctioned by Punjab National Bank as part of a SARFAESI action. This is a great opportunity to acquire a property in a well-known area of Valsad. The flat is categorized as residential and is suitable for individuals or families looking for a home in this region.
State:Gujarat
City:Valsad
Area:Pardi Sandhpore
Asset Category:Residential
Full Address:408, Vasudev Apartment-3, Flat No. 408, Vasudev Apartment-3, N.A. land bearing R.S. No. 141/3/P1, Pardi Sandhpore, Valsad
Building/Society:Vasudev Apartment-3
Size:69.7 sq. Mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Pardi Sandhpore, Valsad, Gujarat. The auction will take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is ₹851,000.00, with an Earnest Money Deposit (EMD) of ₹85,000.00 required to participate. This is a unique chance to bid on a property directly from the bank.
Borrower Name:M/s Popular Steels and Tubes
Auction Type:SARFAESI Auction
Guarantor Names:Udaybhai Rameshchandra Jhaveri, Rameshchandra Jhaveri
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Pardi Sandhpore, Valsad, presents a calculated opportunity given its location and price point. With a reasonable reserve price and symbolic possession, it's suitable for buyers familiar with the area. The 'Calculated Opportunity' rating suggests a need for due diligence before investing.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no:9729225088
