Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614051
Bank Name:Canara Bank
Branch Name:Circle Office : Gandhinagar
Reserve Price:₹9,90,000
EMD:₹99,000
Auction Time:01:00 PM to 03:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A prime commercial shop located in the bustling area of Palanpore(surat), Surat, Gujarat. This property, formerly owned by Navkar Traders, is categorized as a commercial asset and is being offered by Canara Bank through a SARFAESI auction. Ideal for business ventures, this shop presents a significant opportunity in a thriving commercial hub.
State:Gujarat
City:Surat
Area:Palanpore(surat)
Asset Category:Commercial
Full Address:108, Raj Point, Shop no 108 1st floor "Raj Point" situated on land bearing R.S no 39 block no 68 TP No 8 final plot no 16 paikee part-2 near Z S Patel College near Vasupujya Eco Homes off Palonpore Gam Circle Palanpor Road Dist Surat, Palanpore, Surat
Building/Society:Raj Point
Size:408.24 sq.mt.
Auction Description
Canara Bank presents a SARFAESI auction for a commercial shop in Palanpore(surat), Surat, Gujarat. The auction has a reserve price of INR 9,90,000 and requires an Earnest Money Deposit (EMD) of INR 99,000. Bidding opens on November 25, 2025, at 01:00 PM and closes on the same day at 03:00 PM. Don't miss this chance to acquire a valuable commercial property.
Borrower Name:Navkar Traders
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The commercial shop in Palanpore, Surat, presents a reasonable investment opportunity. The location has potential, and the reserve price seems fair. However, due diligence is needed to assess the market value and potential returns before bidding.
Contact Details
Branch:Branch Office : Circle Office : Gandhinagar
Service Provider:BAANKNET
Contact Details:
Contact no: —
