Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612764
Bank Name:Indian Bank
Branch Name:Zonal Office : Surat
Reserve Price:₹7,91,100
EMD:₹79,110
Bid Increment:₹10,000
Auction Time:10:00 AM to 5:00 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Palsana, Surat, Gujarat, being auctioned by Indian Bank. This is a SARFAESI auction. The property is offered at a reserve price of INR 791,100. The Earnest Money Deposit (EMD) required is INR 79,110.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:56, Shri Kamdhenu Palace, Plot No: 56 at site admeasuring 50.71 sq. mtrs, with construction thereon Ground floor admeasuring 50.71 sq.mtrs, together with undivided proportionate share in road and COP admeasuring 32.51 sq.mtrs at “ Shri Kamdhenu Palace”, situated on the land bearing Re-survey New Block no. 14 (Old block Nos.10 its rev.S.no.8) admeasuring 8012.00 sq.mtrs. of village pipodara, Sub District Taluka Malgrol, District Surat., Pipodara, Surat
Building/Society:Shri Kamdhenu Palace
Size:50.71 sq. mtrs
Auction Description
Indian Bank is conducting an online SARFAESI auction for a residential flat in Palsana, Surat, Gujarat. The property belongs to Mr. Ajay Sumanbhai Dhodiya. The auction will commence on November 26, 2025, at 10:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at INR 791,100, with an EMD of INR 79,110.
Borrower Name:Mr. Ajay Sumanbhai Dhodiya
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Nitishaben Ajaybhai Dhodiya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Palsana, Surat, this flat offers a decent investment opportunity given its reserve price. The property's symbolic possession status and the need for due diligence regarding encumbrances contribute to a 'Calculated Opportunity' rating. Buyers should carefully evaluate the location and auction terms before bidding.
Contact Details
Branch:Branch Office : Zonal Office : Surat
Service Provider:ebkray
Contact Details:
Mr. Chandan Kumar Chhaparia
Contact no:8789246250
