Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610729
Bank Name:Tamilnad Mercantile Bank Limited
Branch Name:surat
Reserve Price:₹11,12,000
EMD:₹1,11,200
Auction Time:01.00 PM for Property No. 4
Service Provider:Public Auction
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
Prime commercial shop located in Dindoli, Surat, Gujarat. This asset is part of a SARFAESI auction conducted by Tamilnad Mercantile Bank Limited. The property is ideally situated in a bustling commercial area, offering excellent visibility and accessibility. Suitable for various retail or service-oriented businesses. The borrower is M/s. The Golden Green Gem Granite.
State:Gujarat
City:Surat
Area:Dindoli
Asset Category:Commercial
Full Address:306, Shree Arcade, Shop office No.306, Shree Arcade, Block No.179/1/B (Rev S.Nos. 113/1A and 113/1B), Town Planning Scheme No.69 (Godadara-Dindoli), O.P.No. 154, Final plot No. 154/B, Dindoli, Surat
Building/Society:Shree Arcade
Size:28.70 sq.mtrs
Auction Description
Tamilnad Mercantile Bank Limited is holding a SARFAESI auction for a commercial shop in Dindoli, Surat. The auction will take place on November 20, 2025, between 01:00 PM and 02:00 PM. The reserve price is ₹11,12,000, with an Earnest Money Deposit (EMD) of ₹1,11,200 required to participate. This is a fantastic opportunity to acquire a commercial property in a growing economic hub of Gujarat.
Borrower Name:M/s. The Golden Green Gem Granite
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Bhimani Tusharbhai Dhirubhai, Mr.Bhimani Rakesh Dhirubhai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Surat, with a moderate reserve price. Location and building name suggest a reasonable investment potential. However, due diligence is advised to evaluate market conditions and property specifics before bidding.
Contact Details
Branch:Branch Office : surat
Service Provider:Public Auction
Contact Details:
Contact no: —
