Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609742
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹9,67,600
EMD:₹96,760
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
A residential plot located in Sayan, Surat, Gujarat. This property is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. The plot offers a prime opportunity for development in a developing area. Its exact dimensions and layout details are available upon request.
State:Gujarat
City:Surat
Area:Sayan
Asset Category:Residential
Full Address:21, Pramukhkrupa Society, Plot No. 21 in "Pramukhkrupa Society", situate at Revenue Survey No. 93/3, Block No. 172, Moje Village: Sayan, Taluka: Olpad, District Surat, Sayan, Surat
Building/Society:Pramukhkrupa Society
Size:60 sq. yards
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential plot in Sayan, Surat, Gujarat. The auction will take place on December 5, 2025, between 2:00 PM and 4:00 PM. The reserve price is set at ₹9,67,600, with an Earnest Money Deposit (EMD) of ₹96,760 required to participate. This is a significant opportunity for investors and buyers seeking property in this region.
Borrower Name:Mr/Mrs. Jayshreeben Manishbhai Ghiniya
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Manishbhai Vajubhai Dhinia
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property, a plot in Sayan, Surat, presents a calculated opportunity due to its location and the bank auction terms. The reserve price and EMD are moderate, and while the location is not a prime metropolitan area, the investment potential is reasonable given the growing real estate market in Gujarat. Due diligence is essential to assess local market conditions and future development prospects.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Mr. Sambhaji Patil
Contact no:9377583775
