Shop for Auction Mulad Surat 5.6 Lakh by Union Bank of India
Mulad, Surat
Area: 116.49 Sq. Mtrs.
Plot No.62 (N Type), Swastik Row House, Revenue Survey No. 208, 209, 210 & 241/1, Block No. 288, Village Mulad, Taluka Olpad, District Surat
Union Bank of India · ARB Surat
Reserve price
₹5,64,000
EMD ₹56,400
Auction date
14 Jul 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 116.49 Sq. Mtrs.
- ▸Locality: Mulad
- ▸Reserve: ₹5,64,000
- ▸EMD: ₹56,400
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Mulad |
| Built-up / plot area | 116.49 Sq. Mtrs. |
| Lender | Union Bank of India |
| Branch | ARB Surat |
| Unit / flat no. | Plot No.62 (N Type) |
| Building / society | Swastik Row House |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Mulad, Surat by Union Bank of India — reserve price ₹5,64,000, 116.49 Sq. Mtrs., Physical possession.
Seize the opportunity to acquire a commercial shop via bank auction in Mulad, Olpad, Surat, Gujarat. This Union Bank of India e-auction features Property No. 03, a commercial shop, Plot No.62 (N Type), part of Swastik Row House. Boasting a total area of 116.49 Sq. Mtrs., the property is situated on Revenue Survey No. 208, 209, 210 & 241/1, Block No. 288. With physical possession and no known encumbrances, this bank auction property offers a secure investment. The e-auction is scheduled for July 14, 2026, from 12:00 PM to 05:00 PM, with a competitive reserve price of ₹5,64,000 and an EMD of ₹56,400. A prime commercial shop for sale in a developing locality.
GeoSquare note: This commercial shop offers a significant advantage with physical possession and no known encumbrances. Located in Mulad, Olpad, Surat, a potentially growing area, the property has a reasonable reserve price of ₹5,64,000 for its 116.49 Sq. Mtrs. size. The clear legal status and commercial nature make it an appealing investment, warranting a strong buy recommendation.
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