Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613661
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹27,36,900
EMD:₹2,73,690
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 is a prime commercial office space located in Amroli, Surat, Gujarat, offered by Kotak Mahindra Bank through a SARFAESI auction. The property is situated in a well-connected area, making it an ideal location for various business ventures. The auction presents a unique opportunity to acquire commercial real estate in a growing economic hub.
State:Gujarat
City:Surat
Area:Amroli
Asset Category:Commercial
Full Address:10, Pluto Multiplex Business Center, Office No.10, 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 ₹27,36,900, with an Earnest Money Deposit (EMD) of ₹2,73,690 required to participate. This is a direct opportunity to purchase commercial property from the bank.
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
The property is a commercial office space in Amroli, Surat, with a moderate reserve price. While the location is developing, the auction terms are standard. It's a calculated opportunity for those seeking commercial investment in a growing area.
Contact Details
Branch:Branch Office : Registered Office: Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Prashant Satpute / Ashok Motwani
Contact no:9724433999/9873737351
