Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612774
Bank Name:Indian Bank
Branch Name:Zonal Office : Surat
Reserve Price:₹17,86,000
EMD:₹1,78,600
Bid Increment:₹10,000
Auction Time:10:00 AM to 5:00 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a residential plot located in Olpad, Surat, Gujarat. The property is part of a SARFAESI auction conducted by Indian Bank. The plot offers an excellent opportunity for real estate investment or development in a growing area.
State:Gujarat
City:Surat
Area:Olpad
Asset Category:Residential
Full Address:241, Heaven 444, Plot No.241 in “Heaven 444”, Village: Sandhiyer, Taluka: Olpad, Olpad, Surat
Building/Society:Heaven 444
Size:159.13 sq.yards
Auction Description
Indian Bank is auctioning a residential plot in Olpad, Surat, Gujarat, under the SARFAESI Act. The auction will commence on November 26, 2025, at 10:00 AM and conclude at 05:00 PM on the same day. The reserve price for this property is ₹17,86,000, with an Earnest Money Deposit (EMD) of ₹1,78,600. This is a prime opportunity for potential buyers to acquire a plot in a developing region.
Borrower Name:Mr. Pratikkumar Raysinh Yadav
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Titiksha Abhilashbhai Shah, Mr. Snehal Jaykishanbhai Kanthariya
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The Olpad plot offers a good entry point into Surat's real estate market. With a reasonable reserve price and clear auction terms, it represents a calculated risk. Its location in a developing area suggests potential for future appreciation.
Contact Details
Branch:Branch Office : Zonal Office : Surat
Service Provider:ebkray
Contact Details:
Mr. Kumar Prashant
Contact no:9935390324
