Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613606
Bank Name:IDFC First Bank Ltd
Branch Name:Chetpet, Chennai
Reserve Price:₹6,87,500
EMD:₹68,750
Auction Time:11:00 AM to 1:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-11
Property Description
This is a residential house located in Bardoli, Surat, Gujarat. The property is part of a SARFAESI auction initiated by IDFC First Bank Ltd. It offers a great opportunity for prospective buyers in the region.
State:Gujarat
City:Surat
Area:Bardoli
Asset Category:Residential
Full Address:459/1, House No. 459/1, Moje Village Manekpore, Tekra Faliyu, Ta.: Bardoli, District: Surat, Gujarat-394340, Manekpore, Surat
Size:550 sq. ft.
Auction Description
IDFC First Bank Ltd is conducting a SARFAESI auction for a residential house in Bardoli, Surat, Gujarat. The auction will take place on 11-12-2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price for this auction is INR 687,500, and the Earnest Money Deposit (EMD) required is INR 68,750. This is a prime opportunity to acquire a property through a bank auction.
Borrower Name:Bharatbhai Dhirubhai Halpati
Auction Type:SARFAESI Auction
Guarantor Names:Vaishaliben Bharatbhai Halpati
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its residential nature, location in Bardoli, and relatively modest reserve price. While not a prime investment, the size and location suggest potential for appreciation or rental income. Auction terms seem standard, warranting further due diligence before bidding.
Contact Details
Branch:Branch Office : Chetpet, Chennai
Service Provider:Public Auction
Contact Details:
Vishal Borase
Contact no:8600588552
