Property for Auction in Surat, Surat, Gujarat
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609047
Bank Name:Yes Bank
Branch Name:Surat
Reserve Price:₹35,00,000
EMD:₹3,50,000
Auction Time:11 am to 02 pm
Service Provider:drt.auctiontiger.net
Submission Date:2025-12-04
Bid Start Date:2025-12-05
This is a prime plot of land located in Surat, Gujarat, offered for auction by Yes Bank. Situated in the Surat area, this residential plot presents an excellent opportunity for development or investment. The property is being auctioned under SARFAESI regulations. The reserve price for this plot is INR 3,500,000.00, with an Earnest Money Deposit (EMD) of INR 350,000.00 required to participate. This is a fantastic chance to acquire a valuable asset in a growing region.
State:Gujarat
City:Surat
Area:Surat
Asset Category:Residential
Full Address:Navsari Bajar Malekwadi Bearing Nodha no. 3543 of Ward no. 2 Taluka: Surat City District: Surat, Malekwadi, Surat
Size:49.7962 sq.mtrs
Yes Bank is conducting a SARFAESI auction for a residential plot in Surat, Gujarat. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 02:00 PM. The property, formerly owned by Mr. Baraiya Danajibhai Arjunbhai, has a reserve price of INR 3,500,000.00. A mandatory EMD of INR 350,000.00 must be submitted by interested bidders. This auction provides a transparent and competitive platform to bid on this desirable plot.
Borrower Name:Mr Baraiya Danajibhai Arjunbhai
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The plot's location in Surat and reasonable reserve price offer potential. However, further due diligence is recommended. The auction terms appear standard, making it a calculated risk with moderate return potential.
Branch:Branch Office : Surat
Service Provider:drt.auctiontiger.net
Contact Details:
Vaibhavkumar Chaudhari
Contact no:7990800344