Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613830
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹9,43,000
EMD:₹95,000
Auction Time:11 am to 5 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a residential house located in Palsana, Surat, Gujarat. The property is being auctioned by the Bank of India under SARFAESI Act. This is a great opportunity to acquire a property in a developing area of Surat. The house is suitable for residential purposes and is ideal for individuals or families looking for a home in this region.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:54, Mahadev Residency, Moje Tantithaiya bearing R. S. No. 256/2, 256/3 & 260, Block No. 182, "Mahadev Residency", vibhag-2, plot No. 54, B/h Parekh Industrial Estate, Bagumara canal road, Tantithaiya-394305, Tantithaiya, Surat
Building/Society:Mahadev Residency
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential house in Palsana, Surat, Gujarat. The auction will commence on December 9, 2025, at 12:00 PM and conclude at 05:00 PM on the same day. The reserve price for this auction is ₹9,43,000, with an Earnest Money Deposit (EMD) of ₹95,000 required. This is a prime opportunity for interested bidders to acquire the property located in the Palsana area of Surat.
Borrower Name:Dnyashvar Sukdev Pagare
Auction Type:SARFAESI Auction
Guarantor Names:Chetan Dyaneshvar Pagare, Devkabai Dnyashvar Pagare
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing locality of Surat, offered at a reasonable reserve price. While the location is not prime, the physical possession status makes it a more secure investment. It presents a calculated opportunity for those seeking affordable housing or rental income in the area.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:9913337034
