Representative illustration — Commercial Shop bank auction in Singanpore
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Strong Buy

Shop for Auction Singanpore Surat 20.3 Lakh by Cholamandalam Investment and Finance Company Limited

Singanpore, Surat

Area: 361.0 sq. ft.

Nency Residency, Ward No. 19-C, Nondh No. 127, Tika No. 22, Chalta No. 125, Singanpore, Surat, Gujarat

Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai

Reserve price

₹20,34,000

EMD ₹2,03,400

Auction date

11 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 361.0 sq. ft.
  • Locality: Singanpore
  • Reserve: ₹20,34,000
  • EMD: ₹2,03,400

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalitySinganpore
Built-up / plot area361.0 sq. ft.
LenderCholamandalam Investment And Finance Company Limited
BranchCorporate Office : Chennai
Unit / flat no.Shop No. 1 and Shop No. 2
Building / societyNency Residency
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerbankeauctions.com / C1 India

About this property

Commercial Shop bank auction in Singanpore, Surat by Cholamandalam Investment And Finance Company Limited — reserve price ₹20,34,000, 361.0 sq. ft., Physical possession.

Invest in a prime commercial opportunity with this bank auction property located in Nency Residency, Singanpore, Surat. This lot includes two commercial shops (Shop No. 1 and 2) with a combined carpet area of 361 sq. ft. situated in a well-connected locality of Surat. This commercial shop for sale is being offered by Cholamandalam Investment and Finance Company Limited under the SARFAESI Act, ensuring a transparent bidding process. The property features physical possession, making it a reliable choice for investors looking for commercial real estate in Gujarat. With a reserve price of ₹20,34,000, this auction offers significant value for business owners or investors. Interested bidders must submit their EMD by 10th September 2026. Don't miss this chance to acquire a commercial asset in a strategic location.

GeoSquare note: The property is a solid investment as it involves the purchase of two commercial shops in a established residential/commercial complex with physical possession already secured by the bank. Its location in Singanpore, Surat, and the competitive reserve price make it a strong buy for local entrepreneurs or investors seeking commercial space.

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