Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612706
Bank Name:Punjab National Bank
Branch Name:Surat Main
Reserve Price:₹6,80,000
EMD:₹68,000
Bid Increment:₹0.1
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2024-11-17
Bid Start Date:2025-12-05
Property Description
This is a residential plot located in Kareli, Surat, Gujarat. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It represents a significant opportunity for investment in a developing area.
State:Gujarat
City:Surat
Area:Kareli
Asset Category:Residential
Full Address:426/b, Mahavir nagar residency, Plot no 426/b(as per KJP Durasti Block No 67/Plot no 426/B), of the housing society known and named as "Mahavir nagar residency" situated on the land bearing new consolidated block no 67(old block no 67 & 68) of moje village Kareli taluka Palsana district surat Boundaries: East: Society Road, West: Adj Plot no 335 North: Adj Plot no 427, South: Adj Plot no 425., Kareli, Surat
Building/Society:Mahavir nagar residency
Size:52.09 sq meters
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Kareli, Surat. The auction begins on December 5, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price is set at INR 680,000, with an Earnest Money Deposit (EMD) of INR 68,000. This is a prime opportunity to acquire property through a transparent bank auction process.
Borrower Name:MR Guddu Ganga
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Anupa Guddu
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
The plot offers a reasonable investment opportunity in Kareli, Surat. The reserve price seems appropriate. However, further due diligence on the location and potential for appreciation is recommended before bidding.
Contact Details
Branch:Branch Office : Surat Main
Service Provider:BAANKNET
Contact Details:
Contact no:9599023685
