Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609370
Bank Name:Hinduja Housing Finance Ltd
Branch Name:Corporate Office: Chennai
Reserve Price:₹8,84,800
EMD:₹88,480
Auction Time:11:00 AM - 2:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-09-16
Property Description
This is a residential flat located in Tantithaiya, Surat, Gujarat. The property is being auctioned by Hinduja Housing Finance Ltd due to loan default by the borrower, Mr. Balaram Thapa. This is an excellent opportunity for buyers looking for property in a developing area of Surat.
State:Gujarat
City:Surat
Area:Tantithaiya
Asset Category:Residential
Full Address:107, Shiv Villa, Flat No. 107, Shiv Villa, Revenue Survey No. 173, 176, 165, 166, 167, 168, 169, 170 & 171, Block No. 124-A, Paiki Block No. 124-A/Paiki 1, Paiki Plot No. 3/B2, Paiki Plot No. A/3, Moje Village Tatithaiya, Ta: Palsana, Dist: Surat, Tantithaiya, Surat
Building/Society:Shiv Villa
Size:26.57 sq.mts.
Auction Description
Hinduja Housing Finance Ltd is conducting a SARFAESI auction for a residential flat in Tantithaiya, Surat. The auction will take place on 05-12-2025 from 03:00 PM to 05:00 PM. The reserve price for this property is ₹8,84,800, with an Earnest Money Deposit (EMD) of ₹88,480. Interested bidders should ensure they have the necessary funds and are prepared to participate in this online auction.
Borrower Name:Mr. Balaram Thapa
Auction Type:SARFAESI Auction
Guarantor Names:Manju Balaram Thapa, Balaram Tike Thapa
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a relatively small flat in a developing area, making it a calculated opportunity. The reserve price seems reasonable given the location, but further due diligence is required to assess its full investment potential and any local market risks. The auction terms are standard.
Contact Details
Branch:Branch Office : Corporate Office: Chennai
Service Provider:drt.auctiontiger.net
Contact Details:
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