Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612670
Bank Name:Encore ARC Pvt Ltd
Branch Name:Corporate Office - Gurugram
Reserve Price:₹1,16,00,000
EMD:₹11,60,000
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
Presenting a prime commercial office space in Salabatpura, Surat, Gujarat, brought to you by Encore ARC Pvt Ltd. This asset offers an excellent opportunity for businesses seeking a strategic location in a bustling commercial hub. The property is ideal for various commercial ventures, promising visibility and accessibility.
State:Gujarat
City:Surat
Area:Salabatpura
Asset Category:Commercial
Full Address:301, Swami Arcade, Office No. 301 Swami Arcade, Near Rushabh Petrol Pump, Ward No.03, Nondh No. 2886/B/1/3, Salabatpura, Surat
Building/Society:Swami Arcade
Size:81.52 + 77.82 sq. mtrs
Auction Description
Encore ARC Pvt Ltd is conducting a SARFAESI auction for a commercial office in Salabatpura, Surat. The auction will take place on November 26, 2025, between 11:00 AM and 12:00 PM. The reserve price is ₹1,16,00,000 with an EMD of ₹11,60,000. Don't miss this chance to acquire a valuable commercial asset in a sought-after location.
Borrower Name:Mr Keval Mahendrabhai Sondagar
Auction Type:SARFAESI Auction
Guarantor Names:Pinkle Narendra Desai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This commercial office in Salabatpura presents a moderate investment opportunity due to its location in Surat and manageable reserve price. While the auction terms are standard, potential investors should conduct thorough due diligence on the property and local market conditions to assess its long-term value.
Contact Details
Branch:Branch Office : Corporate Office - Gurugram
Service Provider:drt.auctiontiger.net
Contact Details:
Dharmendra Maurya
Contact no:9930171113
