Flat for auction Saya Surat 4 lakh Assets Care & Reconstruction Enterprise Ltd

Property for Auction in Olpad, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
585.00 sq. ft.
Reserve Price
4,00,000
Reserve Price
4,00,000
EMD Required
40,000
Property Specifications
Society/BuildingDharmanandan Township-1
Size585.00 sq. ft.
Unit No.104
FloorFirst
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Olpad, Surat
Auction Date IconAuction Date:
02-12-2025 02:30 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609325

Bank Name:Assets Care & Reconstruction Enterprise Ltd

Branch Name:Newdelhi

Reserve Price:4,00,000

EMD:40,000

Auction Time:2:30 PM to 3:30 PM

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-12-01

Bid Start Date:2025-12-02

Property Description

A residential flat located in Olpad, Surat, Gujarat. This property is being auctioned by Assets Care & Reconstruction Enterprise Ltd as part of a SARFAESI auction. Ideal for investment or personal use in a developing area.

State:Gujarat

City:Surat

Area:Olpad

Asset Category:Residential

Full Address:104, Dharmanandan Township-1, Flat No. 104, situated on the First Floor of Building No. D/2 in the low-rise residential scheme known as "Dharmanandan Township-1", constructed on uncultivated land bearing Block No. 189/B, formed out of R.S. No. 104/1+2+3, 103/4, 121/1, 151/1, and 119/9, admeasuring a total area of approximately 10,001 square meters, Saya, Surat

Building/Society:Dharmanandan Township-1

Size:585.00 sq. ft.

Auction Description

This is a SARFAESI auction for a residential flat in Olpad, Surat, Gujarat, presented by Assets Care & Reconstruction Enterprise Ltd. The auction will commence on December 2, 2025, at 02:30 PM and conclude at 03:30 PM. The reserve price is ₹4,00,000, with an EMD of ₹40,000. This presents a unique opportunity to acquire property through a bank auction.

Borrower Name:Jagdishbhai Nathani

Auction Type:SARFAESI Auction

Guarantor Names:Nayanaben Jagdishbhai Nathani

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

Located in Olpad, Surat, the property offers potential for residential use. The reserve price is relatively low, but further investigation into the location and property condition is recommended. Auction terms seem standard, suggesting a calculated approach to bidding.

Contact Details

Branch:Branch Office : Newdelhi

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mr. Rohan Sawant

Contact no:9833143013

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