Plot for auction A In Ashvin, Fulapada, Surat by Cholamandalam Invest

Property for Auction in Fulapada, Surat, Gujarat

Property Type IconProperty Type:
Plot
Location IconLocation:
Fulapada, Surat
Auction Date IconAuction Date:
03-03-2025 11:00 AM

Auction Details

Auction ID:434618

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Corporate Office : Chennai

Reserve Price:1,10,00,000

EMD:11,00,000

Service Provider:auctionfocus.in

Important Dates

Submission Date:01-03-2025 05:30 PM

Bid Start Date:03-03-2025 11:00 AM

Property Description

Explore the potential of this residential plot, bearing the plot number A 49, situated in the heart of Fulapada, Surat, Gujarat. Spanning 33x33 feet, this parcel of land covers an area of 121 square yards, equivalent to approximately 101.17 square meters, offering a well-defined space for your development aspirations. Located within the Ashvin Co. Op. Ho. So. Ltd., Part-1, the plot benefits from its position on the Society Road, ensuring accessibility and visibility. Its boundaries are clearly defined: East by Plot No. 48, West and North by applicable margins, and South by the aforementioned Society Road. This property represents an excellent opportunity for aspiring homeowners or investors looking to build or develop in a well-established locality within Surat, a city known for its vibrant economy and growing infrastructure. The property's location within a cooperative housing society suggests a structured environment, potentially offering a community-oriented living experience.

State:Gujarat

City:Surat

Area:Fulapada

Asset Category:Residential

Auction Description

This SARFAESI auction, presented by Cholamandalam Investment And Finance Company Limited, offers a unique opportunity to acquire a residential plot in the developing area of Fulapada, Surat, Gujarat. The property, identified as Plot No. A 49, measures 121 square yards (approximately 101.17 square meters), providing a versatile space for construction. It is strategically located within the Ashvin Co. Op. Ho. So. Ltd., Part-1, with a frontage on the Society Road, and bordered by Plot No. 48 to the East, and applicable margins to the West and North. The auction will take place on March 3, 2025, with bidding open from 11:00 AM to 1:00 PM. Interested buyers are required to submit their applications by March 1, 2025, 5:30 PM. A key aspect for new buyers to note is the earnest money deposit (EMD) of INR 1,100,000, which is 10% of the reserve price of INR 11,000,000. This presents a chance to invest in a property with significant potential in a growing urban center.

Borrower Name:Punabhai Shambhubhai Gadhiya

Auction Type:SARFAESI Auction

Contact Details

Contact number: 9016641843 / Mr. Muhammed Rahees Contact No: 3124000030/6374845616

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