Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612668
Bank Name:Encore ARC Pvt Ltd
Branch Name:Corporate Office - Gurugram
Reserve Price:₹1,05,00,000
EMD:₹10,50,000
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a commercial office space located in Kumbhariya, Surat, Gujarat. The property is part of a SARFAESI auction conducted by Encore ARC Pvt Ltd. The borrower is M/s. Krishna Creations. This is a valuable opportunity to acquire a commercial asset in a key area of Surat.
State:Gujarat
City:Surat
Area:Kumbhariya
Asset Category:Commercial
Full Address:G/15, Raghuvir Celeum, R S No. 54+55, 56/1, 149, block no 53/55, 141/A, TPS No. 35, (Kumbhariya, Saroli-Saniyahemad-Devath), Kumbhariya, Surat
Building/Society:Raghuvir Celeum
Size:889.50 sq. ft
Auction Description
Encore ARC Pvt Ltd is conducting a SARFAESI auction for a commercial office property in Kumbhariya, Surat. The auction will take place on November 26, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹1,05,00,000, with an Earnest Money Deposit (EMD) of ₹10,50,000 required. This is a public auction for the sale of the asset belonging to M/s. Krishna Creations.
Borrower Name:M/s. Krishna Creations
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Biren Govindlal Shah, Mrs. Deepa Biren Shah
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The commercial office in Kumbhariya presents a calculated opportunity due to its location in Surat and reasonable reserve price. While not a prime investment, its commercial nature and manageable EMD make it worth considering for investors seeking opportunities in the area. The auction terms and possession status contribute to a balanced risk-reward profile.
Contact Details
Branch:Branch Office : Corporate Office - Gurugram
Service Provider:drt.auctiontiger.net
Contact Details:
Dharmendra Maurya
Contact no:9930171113
