Property for Auction in Tantithaiya, Surat, Gujarat
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614023
Bank Name:Union Bank of India
Branch Name:Regional Office : Surat
Reserve Price:₹10,98,000
EMD:₹1,09,800
Auction Time:12:00 NOON to 05:00 PM
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
This is a residential plot located in Tantithaiya, Surat, Gujarat. The property is being auctioned by Union Bank of India under SARFAESI provisions. It presents a valuable opportunity for investment or development in a growing area. The plot is offered as part of a bank auction, providing a clear title and transparent transaction process.
State:Gujarat
City:Surat
Area:Tantithaiya
Asset Category:Residential
Full Address:255, V. K. HOMES, PLOT NO. 255 (After KJP Block No. 183/A/2/255) of "V. K. HOMES" situated on land bearing Block No. 183/A/2; Revenue Survey No. 256/1, Tantithaiya, Surat
Building/Society:V. K. HOMES
Size:40.19 sq. mtrs.
Union Bank of India is conducting a SARFAESI auction for a residential plot in Tantithaiya, Surat, Gujarat. The auction is scheduled for November 28, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at INR 10,98,000, with an Earnest Money Deposit (EMD) of INR 1,09,800 required to participate. This auction offers a straightforward process for acquiring the property formerly held by Mr. Rajesh Bhagwan Patil.
Borrower Name:Mr. Rajesh Bhagwan Patil
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Haresh Bhagwan Patil, Mrs. Sangita Bhagwan Patil
Possession Status:Physical
Encumbrance Details:Details of encumbrances over the property, as known to the secured creditor, if any: None
The plot's location in Tantithaiya, Surat, offers potential due to ongoing development. The reserve price seems reasonable, making it a calculated opportunity for those seeking land investments. Auction terms appear standard, but due diligence is necessary.
Branch:Branch Office : Regional Office : Surat
Service Provider:BAANKNET
Contact Details:
Mr. Ramvtar Meena
Contact no:8827433132