Shop for auction Adajan Surat 34 lakh The Nasik Merchants Co-op Bank Ltd

Property for Auction in Adajan, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
38.63 sq.mtr
Reserve Price
33,75,000
Reserve Price
33,75,000
EMD Required
3,37,500
Property Specifications
Society/BuildingGreen Elina
Size38.63 sq.mtr
Unit No.Shop No. 202
FloorSecond Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Adajan, Surat
Auction Date IconAuction Date:
25-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612973

Bank Name:The Nasik Merchants Co-op Bank Ltd

Branch Name:Satpur, Nashik

Reserve Price:33,75,000

EMD:3,37,500

Bid Increment:10,000

Auction Time:12:00 Noon to 3.00 PM

Service Provider:Public Auction

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-25

Property Description

This is a prime residential plot located in the well-developed area of Adajan, Surat, Gujarat. The property is being auctioned by The Nasik Merchants Co-op Bank Ltd under the SARFAESI Act. Ideal for residential development, this plot offers excellent connectivity and access to urban amenities. Don't miss this opportunity to acquire a valuable asset in Surat.

State:Gujarat

City:Surat

Area:Adajan

Asset Category:Residential

Full Address:Shop No. 202, Green Elina, R.S. No./ Block No. 375/3, T.P. No. 12, Final Plot No. 158, Non-agricultural property situated at Village Adajan, Dist. Surat, Adajan, Surat

Building/Society:Green Elina

Size:38.63 sq.mtr

Auction Description

The Nasik Merchants Co-op Bank Ltd is conducting a SARFAESI auction for a residential plot in Adajan, Surat. The auction will commence on November 25, 2025, at 12:00 PM and conclude at 3:00 PM on the same day. The reserve price is set at ₹33,75,000, with an Earnest Money Deposit (EMD) of ₹3,37,500 required. This is a direct opportunity to bid on and potentially own a plot of land in a sought-after location in Gujarat.

Borrower Name:M/s. Shivkrupa Trading

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Mayurbhai Ranabhai Lakhani, Mr. Ashokkumar Ramjibhai Bhungaliya, Mr. Jayeshkumar Ranabhai Lakhani, Mr. Hiteshbhai Ramjibhai Bhungaliya

Legal Details

Possession Status:Physical

Encumbrance Details:There are no encumbrances to the knowledge of the Bank

Why This Property

The commercial shop in Adajan, Surat, presents a calculated opportunity due to its location and bank auction terms. The reserve price is relatively attractive. Potential investors should carefully assess the property's condition and market value before bidding.

Contact Details

Branch:Branch Office : Satpur, Nashik

Service Provider:Public Auction

Contact Details:

Ajit Rokade

Contact no:9850009666

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