Shop for auction Ring Road Surat 60 lakh Central Bank of India

A prime commercial shop located in the bustling Ring Road area of Surat, Gujarat. This property, belonging to Manisha Enterprises, is being auctioned by the Central Bank of India under SARFAESI regulations. Situated in a key commercial hub, it offers excellent visibility and accessibility, making it an ideal investment for businesses seeking a prominent location. The shop is a valuable asset in one of Surat's most dynamic commercial districts.

Central Bank of India is conducting an e-auction for a commercial shop in Ring Road, Surat, under SARFAESI Act. The auction will take place on November 18, 2025, starting at 10:00 AM and concluding at 06:00 PM. The reserve price for this opportunity is ₹59,85,000, with an Earnest Money Deposit (EMD) of ₹5,98,000 required to participate. This is a significant chance to acquire a commercial asset in a high-traffic area of Surat.

This commercial shop on Ring Road, Surat, presents a strong investment opportunity due to its favorable location and physical possession status. The reserve price aligns with the property size and potential, making it an attractive option for investors seeking commercial real estate. The auction terms appear standard, further solidifying its appeal.