Office for auction Kumbhariya Surat 1 Cr Encore ARC Pvt Ltd

Property for Auction in Kumbhariya, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
889.50 sq. ft
Reserve Price
1,05,00,000
Reserve Price
1,05,00,000
EMD Required
10,50,000
Property Specifications
Society/BuildingRaghuvir Celeum
Size889.50 sq. ft
Unit No.G/15
FloorGround Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Office
Location IconLocation:
Kumbhariya, Surat
Auction Date IconAuction Date:
26-11-2025 11:00 AM

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

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