Shop for auction 40 Undivided Punagam Surat by Tamilnad Mercantile Bank

Commercial property located at Shop No.G-40, Ground Floor of International Fashion Market, Punagam Road, Punagam, Surat. The property consists of an undivided proportionate share in land and a commercial building. The carpet area is 25.33 Sq.mt (272.50 Sq.ft), built-up area is 27.11 sq.mt (291.70 sq.ft), and super built-up area is 50.65 Sq.mt (545.00 sq.ft). It also includes a 6.84 sq.mt share in the land. The property is situated on R.S.No.580/1, 592/1, 593, 595, Block No.631, 671/B, T.P.S.No.12(Puna), F.P.No.24/1, 24/2 & 45/2. The boundaries are: North: Passage and Open Space, South: O.T.S, East: Passage and Shop No.G-41, West: Shop No.G-39.

Tamilnad Mercantile Bank Limited is conducting a SARFAESI Auction for a Commercial Property located in Punagam, Surat, Gujarat. The property is Shop No.G-40, Ground Floor of International Fashion Market, R.S.No.580/1, 592/1, 593, 595, Block No.631, 671/B, T.P.S.No.12(Puna), F.P.No.24/1, 24/2 & 45/2, Punagam Road, Punagam, Surat. It comprises an undivided proportionate share in land and a commercial building with 25.33 Sq.mt (272.50 Sq.ft) carpet area, 27.11 sq.mt (291.70 sq.ft) built-up area, and 50.65 Sq.mt (545.00 sq.ft) super built-up area, along with a 6.84 sq.mt share in the land. The property stands in the name of Mr.Nathudas Laxmandas Vaishav. The auction will take place on 27-03-2025 from 11:00 AM to 05:00 PM. The reserve price is 44,20,000.00 and the EMD is 4,42,000.00. The property is located in Punagam, Surat.