Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609002
Bank Name:ASREC (India) Ltd.
Branch Name:Andheri (East), Mumbai
Reserve Price:₹47,70,000
EMD:₹5,00,000
Bid Increment:₹1,00,000
Auction Time:10:00 AM to 12:00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
A residential house located in Dadra and Nagar Haveli, Surat, Gujarat. This property is being auctioned by ASREC (India) Ltd. under SARFAESI provisions. Ideal for individuals or families seeking a home in a developing region.
State:Gujarat
City:Surat
Area:Dadra and Nagar Haveli
Asset Category:Residential
Full Address:C/13, Sahajanad Park, Row House No. C/13, Sahajanad Park, constructed on piece and parcel of Non-Agricultural Land bearing Survey No. 892/1/1, situate, lying and being at Amli Village, Silavassa, Amli Village, Silavassa, Dadra and Nagar Haveli
Building/Society:Sahajanad Park
Size:1227 sq. ft.
Auction Description
ASREC (India) Ltd. presents a SARFAESI auction for a residential house in Dadra and Nagar Haveli, Surat, Gujarat. The auction will take place on November 19, 2025, from 10:00 AM to 12:00 PM. The reserve price is INR 47,70,000, with an EMD of INR 5,00,000. This is a prime opportunity to acquire property through a legally established auction process.
Borrower Name:Mr Sanjay Kumar Mahabir Bagaria
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Pradeep Mahabir Bagaria
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to ASREC
Why This Property
This property presents a calculated opportunity due to its residential nature and manageable size, located in Dadra & Nagar Haveli. While not a prime location, the reserve price and EMD are reasonable, warranting consideration. However, potential investors should conduct thorough due diligence regarding local market conditions and future growth prospects.
Contact Details
Branch:Branch Office : Andheri (East), Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Sunil Korgaonkar
Contact no:9820834318
