Flat for auction Saniya-Hemad Surat 17 lakh Union Bank of India

Property for Auction in Olpad, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
764 sq. ft.
Reserve Price
16,50,000
Reserve Price
16,50,000
EMD Required
1,65,000
Property Specifications
Society/BuildingVIVEK RESIDENCY
Size764 sq. ft.
Unit No.A/905
Floor9th Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Olpad, Surat
Auction Date IconAuction Date:
28-11-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:27-11-2025 05:00 PM

Bid Start Date:2025-11-28

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office : Surat

Service Provider:BAANKNET

Contact Details:

Mr. Ramvtar Meena

Contact no:8827433132

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