Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613464
Bank Name:Punjab National Bank
Branch Name:ARMB Branch : Surat
Reserve Price:₹18,14,000
EMD:₹1,85,000
Bid Increment:₹0.1
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:26-11-2025 11:00 AM
Property Description
This is a residential plot located in Karanj, Surat, Gujarat. The property is being auctioned by Punjab National Bank as part of a SARFAESI auction. It is an opportunity to acquire a plot in a developing area of Surat.
State:Gujarat
City:Surat
Area:Karanj
Asset Category:Residential
Full Address:Room No.1, Jagadamba estate, Room No.1 Jagadamba estate kunj Gali Matawadi L H Road R S No. 52 and 53 Paikee final Plot No. 9 Town Planning scheme No. 3, Karanj, Surat
Building/Society:Jagadamba estate
Size:660.01 sq. ft.
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential plot in Karanj, Surat. The auction will take place on November 26, 2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this auction is 18,14,000 INR, with an Earnest Money Deposit (EMD) of 1,85,000 INR required to participate. This auction is a significant opportunity for potential buyers in the Gujarat real estate market.
Borrower Name:M/s. Game Multiplex
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Karanj, Surat, presents a calculated opportunity given its size and location. The reserve price appears reasonable, making it an investment worth considering. However, further due diligence is recommended.
Contact Details
Branch:Branch Office : ARMB Branch : Surat
Service Provider:BAANKNET
Contact Details:
Contact no:9729225088
