Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613659
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹23,98,410
EMD:₹2,39,841
Bid Increment:₹25,000
Auction Time:11.00 am. to 12:00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-28
Property Description
This auction features a commercial office space located in Amroli, Surat, Gujarat. Situated in a key commercial hub, this property offers excellent accessibility and potential for business growth. The office is part of a well-established area, making it an attractive investment for various commercial ventures.
State:Gujarat
City:Surat
Area:Amroli
Asset Category:Commercial
Full Address:8, Pluto Multiplex Business Center, Office No. 8, 3rd Floor, Pluto Multiplex Business Center, Variyav Road, Amroli, Surat, Gujarat-394520, Amroli, Surat
Building/Society:Pluto Multiplex Business Center
Auction Description
Kotak Mahindra Bank is conducting a SARFAESI auction for a commercial office property in Amroli, Surat. The auction will take place on November 28, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹23,98,410, with an EMD of ₹2,39,841. This is a prime opportunity to acquire commercial real estate in Gujarat.
Borrower Name:Mr Arvindbhai Narshibhai Markana
Auction Type:SARFAESI Auction
Guarantor Names:New Sitaram Enterprise, Hinaben Arvindbhai Markana, Sitaram Enterprise
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Amroli, Surat, the property offers a commercial office space through a bank auction. While the price is moderate, the commercial nature and location suggest potential returns. A calculated approach is advised, carefully considering the market and auction terms.
Contact Details
Branch:Branch Office : Registered Office: Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Prashant Satpute
Contact no:9724433999
