Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612757
Bank Name:Indian Bank
Branch Name:Zonal Office : Surat
Reserve Price:₹5,27,400
EMD:₹52,740
Bid Increment:₹10,000
Auction Time:10:00 AM to 5:00 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
A unique opportunity to acquire land and a building in Mangrol, Surat, Gujarat. This residential asset, offered by Indian Bank, presents a prime location with development potential. The property is situated in a well-established area, making it an attractive investment for buyers looking for real estate in Surat.
State:Gujarat
City:Surat
Area:Mangrol,
Asset Category:Residential
Full Address:116, Shailja Residency Society, Plot No 116, Shailja Residency Society of survey no 233/116(old Survey No 209), New survey/Block No 681 and Khata No 617 paiki, village/city Dhamdod, Mangrol, Surat
Building/Society:Shailja Residency Society
Size:60 Sq Mts
Auction Description
Indian Bank is conducting a SARFAESI auction for a land and building property located in Mangrol, Surat, Gujarat. The auction will commence on November 26, 2025, at 10:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at ₹5,27,400, with an Earnest Money Deposit (EMD) of ₹52,740. This is a direct opportunity to purchase a residential property through a bank auction.
Borrower Name:Mr. Ganava Tersing Chuniyabha
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Rekhaben Tersingbhai Ganava
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity at a reasonable reserve price. The location in Mangrol, Surat, makes it suitable for those seeking affordable property. However, potential investors should assess local market conditions.
Contact Details
Branch:Branch Office : Zonal Office : Surat
Service Provider:ebkray
Contact Details:
Mr. Tikendra Verma
Contact no:9131718982
