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 29.6 Lakh by Cholamandalam Investment and Finance Company Limited

Singanpore, Surat

Area: 488.75 sq. ft.

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

Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai

Reserve price

₹29,59,200

EMD ₹2,95,920

Auction date

11 Sep 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 488.75 sq. ft.
  • Locality: Singanpore
  • Reserve: ₹29,59,200
  • EMD: ₹2,95,920

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalitySinganpore
Built-up / plot area488.75 sq. ft.
LenderCholamandalam Investment And Finance Company Limited
BranchCorporate Office : Chennai
Unit / flat no.Shop No. 3, 4 & 5
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 ₹29,59,200, 488.75 sq. ft., Physical possession.

Explore this prime bank auction property featuring three commercial shops (Shop No. 3, 4, and 5) located in the well-known Nency Residency, Singanpore, Surat. Offering a combined carpet area of 488.75 sq. ft., this commercial shop for sale presents an excellent investment opportunity in a developing business hub. The property is being sold on an 'as is where is' basis with physical possession taken by Cholamandalam Investment and Finance Company Limited. Interested investors can participate in the e-auction scheduled for 2026-09-11. With a reserve price of ₹29,59,200, this is a competitive prospect for businesses looking for a strategic location in Surat. Ensure submission of EMD by 2026-09-10. Don't miss this opportunity to acquire a commercial asset through a transparent bank auction process.

GeoSquare note: This property is a strong investment option due to it being a commercial asset in a known residency complex in Surat, backed by physical possession by the bank. The consolidated area of three shops provides good utility for business operations. Given the reserve price and the clear title status under physical possession, it offers significant value for commercial buyers.

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