Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613412
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹89,10,000
EMD:₹9,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:26-11-2025 11:00 AM
Property Description
A residential flat located in the desirable area of Umra, Surat, Gujarat. This property is being auctioned by Punjab National Bank under the SARFAESI Act. Ideal for individuals or families seeking a home in a well-connected locality. The flat offers a comfortable living space and is part of a sought-after residential complex. Don't miss this opportunity to acquire a property in Surat.
State:Gujarat
City:Surat
Area:Umra
Asset Category:Residential
Full Address:S-616, Rajtilak Apartment, Residential Flat S-616, of 'Rajtilak Apartment' along with proportionate undivided share in the land under the said building constructed on the land bearing final plot no 126/A of TP Scheme No 4 (Umra South) Revenue Survey No 155 paiki and 156 paiki of moje village umra, City Surat, Taluka City (Choryasi) Dist Surat., Umra, Surat
Building/Society:Rajtilak Apartment
Size:1833.61 SqFt
Auction Description
Punjab National Bank presents an online SARFAESI auction for a residential flat in Umra, Surat. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this asset is ₹89,10,000, with an Earnest Money Deposit (EMD) of ₹9,00,000. This is a fantastic chance to bid on a property situated in Gujarat's vibrant city of Surat.
Borrower Name:MS Vivana Designers Pvt Ltd
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential flat in Umra, Surat, offers a decent investment prospect given its size and location. The auction terms and symbolic possession require careful consideration, balancing potential returns with associated risks. A calculated approach is advised due to the specific auction conditions.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
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