Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614012
Bank Name:Union Bank of India
Branch Name:Regional Office : Surat
Reserve Price:₹8,55,000
EMD:₹85,500
Auction Time:12:00 NOON TO 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
This is a SARFAESI auction for a residential plot located in Kamrej, Surat, Gujarat. The property is being auctioned by Union Bank of India. This is a great opportunity to acquire land in a developing area. The plot is suitable for residential development.
State:Gujarat
City:Surat
Area:Kamrej
Asset Category:Residential
Full Address:60, Shree Veer Vinayak Residency, Plot No. 60 'C' Type (as per Passing Plant Plot No. C/60) as per Village Form No. 7/12, Mankana, Surat
Building/Society:Shree Veer Vinayak Residency
Size:76.25 sq.mtrs
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential plot in Kamrej, Surat. The auction will take place on November 28, 2025, starting at 12:00 PM and ending at 5:00 PM. The reserve price is INR 855,000, with an Earnest Money Deposit (EMD) of INR 85,500. This is a public auction for the property formerly belonging to Mr. Bharat Mathurbhai Hadiya.
Borrower Name:Mr. Bharat Mathurbhai Hadiya
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bhupatbhai Mathurbhai Hadiya, Mr. Prabhakarbhai V Ladumor
Legal Details
Possession Status:Physical
Encumbrance Details:None
Why This Property
The plot in Kamrej offers potential for development, though the relatively lower price suggests moderate market demand. The auction terms are standard, and the physical possession status is a positive factor. This represents a reasonable investment opportunity, contingent on local market conditions and development potential.
Contact Details
Branch:Branch Office : Regional Office : Surat
Service Provider:BAANKNET
Contact Details:
Mr. Ramvtar Meena
Contact no:8827433132
