Property Type:
Location:
Auction Date: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
