Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612675
Bank Name:Encore ARC Pvt Ltd
Branch Name:Corporate Office - Gurugram
Reserve Price:₹1,09,00,000
EMD:₹10,90,000
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 Salabatpura, Surat, Gujarat. The property is part of a SARFAESI auction conducted by Encore ARC Pvt Ltd. It is an excellent opportunity for businesses looking for a prime commercial location in Surat.
State:Gujarat
City:Surat
Area:Salabatpura
Asset Category:Commercial
Full Address:401 + 402, Swami Arcade, Office No. 401 admeasuring 81.52 sq. mts build up + 402 admeasuring 77.82 sq. mtrs build up on 4th Floor, Swami Arcade, Near Rushabh Petrol Pump, Ward No. 03, Nondh No. 2886/B/1/3, Salabatpura, Surat
Building/Society:Swami Arcade
Size:159.34 sq. mtrs
Auction Description
Encore ARC Pvt Ltd is holding a SARFAESI auction for a commercial office in Salabatpura, Surat. The auction will take place on November 26, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹1,09,00,000 and the EMD is ₹10,90,000. This is a significant opportunity to acquire a commercial asset in a key business area.
Borrower Name:Mr Keval Mahendrabhai Sondagar
Auction Type:SARFAESI Auction
Guarantor Names:Pinkle Narendra Desai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The property offers a decent commercial space in Surat, with a good location. However, potential investors should carefully evaluate the market value and auction terms. The physical possession and 'Not Known' encumbrance details warrant due diligence.
Contact Details
Branch:Branch Office : Corporate Office - Gurugram
Service Provider:drt.auctiontiger.net
Contact Details:
Dharmendra Maurya
Contact no:9930171113
