Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613772
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹7,01,000
EMD:₹70,000
Bid Increment:₹2,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in Umbergaon, Valsad, Gujarat. The property is being auctioned by Punjab National Bank under SARFAESI Act.
State:Gujarat
City:Valsad
Area:Umbergaon
Asset Category:Residential
Full Address:602, Sai Darshan, Flat no.602, Sai darshan Building at Village-Valvada, Tal-Umbergaon, Dist-Valsad-396191, Umbergaon, Valsad
Building/Society:Sai Darshan
Size:688.00 sq.ft
Auction Description
Punjab National Bank is conducting an online auction for a residential flat in Umbergaon, Valsad, Gujarat. The auction will take place on 20-11-2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price is ₹701,000, with an Earnest Money Deposit (EMD) of ₹70,000 required to participate.
Borrower Name:Mr. Ratnesh G Singh
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Tinkaldevi R Singh, Mr.Pramod Dharamdas Sonar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential flat in Umbergaon, Valsad, offers a reasonable opportunity at its reserve price. While the location may not be prime, the physical possession and clear details provide a degree of security. This is a 'Calculated Opportunity' requiring due diligence to assess potential rental yield or resale value.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no:9729225088
