Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612915
Bank Name:Assets Care & Reconstruction Enterprise Ltd
Branch Name:Newdelhi
Reserve Price:₹8,70,000
EMD:₹87,000
Auction Time:2:30 PM to 3:30 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential plot located in Mangrol, Surat, Gujarat. The plot is being auctioned by Assets Care & Reconstruction Enterprise Ltd as part of a SARFAESI auction. This presents a prime opportunity to acquire land in a developing area. The property is situated in a region known for its growth potential, making it an attractive investment for those looking to build a home or for future development.
State:Gujarat
City:Surat
Area:Mangrol,
Asset Category:Residential
Full Address:90, Enjoy Residency, Plot No. 90, Enjoy Residency, Moje Village Kosamba, Kosamba, Surat
Building/Society:Enjoy Residency
Size:58.44 sq.m.
Auction Description
Assets Care & Reconstruction Enterprise Ltd is conducting a SARFAESI auction for a residential plot in Mangrol, Surat. The auction will take place on November 26, 2025, starting at 02:30 PM and concluding at 03:30 PM. The reserve price for this property is ₹8,70,000, with an EMD of ₹87,000 required to participate. This is a unique chance to bid on a plot of land under the SARFAESI Act, offering a straightforward acquisition process.
Borrower Name:Kiransinh Balchandra Ilaviya
Auction Type:SARFAESI Auction
Guarantor Names:Virendrasinh Balchandra Ilaviya
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential plot in Kosamba, Surat, presents a calculated investment opportunity. While the location is developing, the reserve price and clear auction terms make it worth considering for those seeking land assets. Further due diligence on local market trends is advised before bidding.
Contact Details
Branch:Branch Office : Newdelhi
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Rohan Sawant
Contact no:9833143013
