Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610341
Bank Name:South Indian Bank
Branch Name:Regional Office-Ahmedabad
Reserve Price:₹19,55,000
EMD:₹1,95,500
Bid Increment:₹5,000
Auction Time:11:00 AM to 12:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a residential house located in Palsana, Surat, Gujarat. The property is being auctioned by South Indian Bank as part of a SARFAESI auction. The borrower is Mr. Jitendra Kumar Lalmani Dubey. This is an excellent opportunity to acquire a property in the growing Surat region.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:530-A-M, Priyanika Green City, Property No. 530-A-M, Priyanika Green City, Revenue Survey Nos. 129 and 130 Block No. 112, Moje Village - Kadodra, Taluka Palsana, Surat City, Surat-District, Palsana, Surat
Building/Society:Priyanika Green City
Size:53.42 Sq. Mtrs
Auction Description
South Indian Bank is conducting a SARFAESI auction for a residential house in Palsana, Surat, Gujarat. The auction will take place on November 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this auction is ₹19,55,000, with an Earnest Money Deposit (EMD) of ₹1,95,500. Interested bidders are advised to review all auction terms and conditions before participating.
Borrower Name:Mr. Jitendra Kumar Lalmani Dubey
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jaya Dubey, Mr. Brijesh Mahesh Prasad Shukla
Legal Details
Possession Status:Physical
Encumbrance Details:Nil Encumbrance
Why This Property
The property presents a calculated opportunity due to its location in Palsana, Surat, and its reasonable reserve price. However, prospective buyers should carefully evaluate the size and condition of the house. The auction terms are standard, offering a balance of risk and potential return.
Contact Details
Branch:Branch Office : Regional Office-Ahmedabad
Service Provider:bankauctions.in
Contact Details:
Akil Maniyar / Naveen VN
Contact no:9284647412/9171722562
