Property for Auction in Kamrej, Surat, Gujarat
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614020
Bank Name:Union Bank of India
Branch Name:Regional Office : Surat
Reserve Price:₹7,50,000
EMD:₹75,000
Auction Time:12:00 NOON to 05:00 PM
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
This auction features a valuable parcel of land located in Kamrej, Surat, Gujarat. The property is being offered by the Union Bank of India under SARFAESI regulations. It presents an excellent opportunity for land acquisition in a developing area. Suitable for residential development or investment purposes, this land parcel is a promising asset in a sought-after region. The reserve price is set at 7,50,000 INR, with an EMD of 75,000 INR. Don't miss this chance to own a piece of Surat's growing landscape.
State:Gujarat
City:Surat
Area:Kamrej
Asset Category:Residential
Full Address:402, Krishna Residency, Building No. A/4, Revenue Survey No. 476 of Block No. 460/B adm. 28616.00 sq.mtrs, Village-Kholwad, Sub-District-Kamrej, District-Surat, Kholwad, Surat
Building/Society:Krishna Residency, Building No. A/4
Size:28616.00 sq.mtrs
Union Bank of India invites sealed bids for the SARFAESI auction of land in Kamrej, Surat, Gujarat. The auction is scheduled for November 28, 2025, commencing at 12:00 PM and concluding at 5:00 PM. The reserve price for this residential land is 7,50,000 INR, and the Earnest Money Deposit (EMD) required is 75,000 INR. This is a prime opportunity to acquire a plot of land under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI). Ensure all documentation is in order for participation.
Borrower Name:Dineshbhai Gobarbhai Unagar
Auction Type:SARFAESI Auction
Guarantor Names:Induben Dineshkumar Unagar
Possession Status:Physical
Encumbrance Details:Details of encumbrances over the property, as known to the secured creditor, if any: None
The property is a large land parcel in a developing area near Surat, which offers potential for future appreciation. The relatively low reserve price makes it a calculated opportunity, but potential investors should carefully assess local market conditions and development possibilities.
Branch:Branch Office : Regional Office : Surat
Service Provider:BAANKNET
Contact Details:
Mr. Ramvtar Meena
Contact no:8827433132