Flat for auction Rustampura area, Kumbharwad Surat 15 lakh Bank of India

Property for Auction in Surat, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
78.91 Sq.mtrs
Reserve Price
15,10,000
Reserve Price
15,10,000
EMD Required
1,51,000
Property Specifications
Society/BuildingSHIV SAI RESIDENCY
Size78.91 Sq.mtrs
Unit No.406
Floor4th Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Surat, Surat
Auction Date IconAuction Date:
09-12-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613834

Bank Name:Bank of India

Branch Name:ZONAL OFFICE: SURAT

Reserve Price:15,10,000

EMD:1,51,000

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

Discover an excellent investment opportunity with this residential flat in Surat, Gujarat. Located in the heart of the city, this property is part of a SARFAESI auction conducted by the Bank of India. Ideal for individuals or families looking for a home in a well-established area of Surat. The property offers a comfortable living space and is situated in a desirable location within the city. Don't miss this chance to acquire a property through a transparent bank auction process.

State:Gujarat

City:Surat

Area:Surat

Asset Category:Residential

Full Address:406, SHIV SAI RESIDENCY, FLAT NO:406, Shiv Sai Residency, Rustampura area, Kumbharwad, land bearing City Survey 1) Nondh No. 185/B, 2) Nondh No. 186 and 3) Nondh No. 187, Ward No. 2, Taluka: Surat City, District: Surat, Rustampura area, Kumbharwad, Surat

Building/Society:SHIV SAI RESIDENCY

Size:78.91 Sq.mtrs

Auction Description

The Bank of India presents a SARFAESI auction for a residential flat in Surat, Gujarat. The auction will commence on December 9, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this property is INR 15,10,000, with an Earnest Money Deposit (EMD) of INR 1,51,000 required to participate. This is a prime opportunity to bid on a valuable asset directly from the bank.

Borrower Name:Mr. Ashokbhai Jaswantlal Ejner

Auction Type:SARFAESI Auction

Guarantor Names:Rameshchand Ratilal Chapadiya

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

Located in Surat, this residential flat offers a reasonable reserve price. While not a 'Prime Investment', it presents a calculated opportunity for those familiar with the Surat property market. Auction terms appear standard, warranting due diligence.

Contact Details

Branch:Branch Office : ZONAL OFFICE: SURAT

Service Provider:BAANKNET

Contact Details:

Contact no:9891382307

Discover Similar Auctions

Videos