Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613605
Bank Name:DCB Bank
Branch Name:Ahmedabad
Reserve Price:₹9,34,000
EMD:₹94,000
Auction Time:11:00A.M.-1.00P.M.
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-12-16
Bid Start Date:2025-12-17
Property Description
This is a residential plot located in Mangrol, Surat, Gujarat. The property is being auctioned by DCB Bank under the SARFAESI Act. It is an opportunity to acquire land in a developing area of Surat. The plot is suitable for residential development.
State:Gujarat
City:Surat
Area:Mangrol,
Asset Category:Residential
Full Address:B/23, MADHAV RESIDENCY VIBHAG-2, PLOT NO. B/23 (AS PER KJP NEW BLOCK NO.250/B/23, Mota Borsara, Surat
Building/Society:MADHAV RESIDENCY VIBHAG-2
Size:44.65 SQ.MTS
Auction Description
DCB Bank presents a SARFAESI auction for a residential plot in Mangrol, Surat. The auction will be held on December 17, 2025, from 11:00 AM to 01:00 PM. The reserve price for this plot is ₹9,34,000, with an Earnest Money Deposit (EMD) of ₹94,000 required to participate. This is a prime opportunity for investors and buyers looking to purchase property in Gujarat.
Borrower Name:NRUSINH HADUBANDHU BALIYARSINH
Auction Type:SARFAESI Auction
Guarantor Names:PUSPADINI NRUSINH BALIYARSINH
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a developing area near Surat, offered at a relatively low reserve price. While the location might not be prime, the price point and potential for future appreciation make it a calculated opportunity. Due diligence on the land title and local development plans is crucial before bidding.
Contact Details
Branch:Branch Office : Ahmedabad
Service Provider:bankauctions.in
Contact Details:
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