Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614008
Bank Name:Union Bank of India
Branch Name:Regional Office : Surat
Reserve Price:₹7,23,000
EMD:₹72,300
Auction Time:12:00 Noon to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
A residential flat located in Unn, Surat, Gujarat, offered by Union Bank of India through a SARFAESI auction. This property presents an opportunity for prospective buyers in the Surat region.
State:Gujarat
City:Surat
Area:Unn
Asset Category:Residential
Full Address:204, Shree Tirupati Balaji Town No. B-8, Flat No. 204 (2nd Floor), Shree Tirupati Balaji Town No. B-8, Village Unn, District-Surat, Sub-District Surat City, Unn, Surat
Building/Society:Shree Tirupati Balaji Town No. B-8
Size:716.92 sq.ft.
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Unn, Surat. The auction has a reserve price of ₹7,23,000 and requires an Earnest Money Deposit (EMD) of ₹72,300. The auction will take place on November 28, 2025, from 12:00 PM to 5:00 PM. This is a unique opportunity to acquire a property through a bank auction.
Borrower Name:Mr. Nilesh Bharatbhai Sonwane
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sachin Bharat Sonwane
Legal Details
Possession Status:Symbolic
Encumbrance Details:Details of encumbrances over the property, as known to the secured creditor, if any: None
Why This Property
The property offers a decent residential space in Unn, Surat, at a relatively affordable reserve price. While the location is not a prime metropolitan area, the price point and symbolic possession make it a reasonable investment opportunity, requiring careful consideration of the local market dynamics.
Contact Details
Branch:Branch Office : Regional Office : Surat
Service Provider:BAANKNET
Contact Details:
Contact no: —
