Property for Auction in Olpad, Surat, Gujarat
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614018
Bank Name:Union Bank of India
Branch Name:Regional Office : Surat
Reserve Price:₹16,50,000
EMD:₹1,65,000
Auction Time:12:00 NOON to 05:00 PM
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
This is a residential flat located in Olpad, Surat, Gujarat, offered for auction by Union Bank of India. The property is part of a SARFAESI auction and is the asset of Mr. Manoj Soni. This presents a valuable opportunity to acquire a property in a developing area of Surat.
State:Gujarat
City:Surat
Area:Olpad
Asset Category:Residential
Full Address:A/905, VIVEK RESIDENCY, FLAT NO. A/905 admeasuring built up area 764 sq. ft. on the 9th Floor of Building 'A' of the said society known and named as "VIVEK RESIDENCY", Saniya-Hemad, Surat
Building/Society:VIVEK RESIDENCY
Size:764 sq. ft.
Union Bank of India is conducting a SARFAESI auction for a residential flat in Olpad, Surat. The auction has a reserve price of ₹16,50,000 and an EMD of ₹1,65,000. The auction will take place online on November 28, 2025, commencing at 12:00 PM and concluding at 5:00 PM. Interested bidders should review all auction terms and conditions provided by the bank.
Borrower Name:Mr. Manoj Soni
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a residential flat in Surat, offered at a reasonable reserve price. Given the symbolic possession and general location, it presents a calculated opportunity for potential buyers. Auction terms are standard, and further due diligence is advised before bidding.
Branch:Branch Office : Regional Office : Surat
Service Provider:BAANKNET
Contact Details:
Mr. Ramvtar Meena
Contact no:8827433132