Flat for auction Umra Surat 6 lakh Assets Care & Reconstruction Enterprise Ltd

Property for Auction in Umra, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.5
Size
699 sq. ft.
Reserve Price
6,30,000
Reserve Price
6,30,000
EMD Required
63,000
Property Specifications
Society/BuildingShiv Residency
Size699 sq. ft.
Unit No.504
FloorFifth Floor
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Umra, Surat
Auction Date IconAuction Date:
02-12-2025 02:30 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609333

Bank Name:Assets Care & Reconstruction Enterprise Ltd

Branch Name:Newdelhi

Reserve Price:6,30,000

EMD:63,000

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

This is a residential flat located in Umra, Surat, Gujarat. The property is part of a SARFAESI auction conducted by Assets Care & Reconstruction Enterprise Ltd. The borrower for this asset is Manilal Kacharabhai Radadiya.

State:Gujarat

City:Surat

Area:Umra

Asset Category:Residential

Full Address:504, Shiv Residency, Flat No. 504, Fifth Floor, Building No. H, Shiv Residency, Mouje Village: Umra Seema, Block No. 92, Umra, Surat

Building/Society:Shiv Residency

Size:699 sq. ft.

Auction Description

Assets Care & Reconstruction Enterprise Ltd is conducting a SARFAESI auction for a residential flat in Umra, Surat, Gujarat. The auction will take place on December 2, 2025, with bidding open from 02:30 PM to 03:30 PM. The reserve price for this property is ₹6,30,000, and the EMD required is ₹63,000.

Borrower Name:Manilal Kacharabhai Radadiya

Auction Type:SARFAESI Auction

Guarantor Names:Kishan Manibhai Radadiya

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential flat in a developing locality of Surat, offering a decent size for a family. While the reserve price seems reasonable, potential buyers should carefully evaluate the location and building quality. This represents a calculated opportunity with moderate risk.

Contact Details

Branch:Branch Office : Newdelhi

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mr. Rohan Sawant

Contact no:9833143013

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