Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610727
Bank Name:Tamilnad Mercantile Bank Limited
Branch Name:surat
Reserve Price:₹22,26,000
EMD:₹2,22,600
Auction Time:12.30 PM
Service Provider:Public Auction
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
This is a commercial shop located in Moje-udhna, Surat, Gujarat, owned by M/s. The Golden Green Gem Granite. The property is being auctioned by Tamilnad Mercantile Bank Limited under the SARFAESI Act. This is a prime commercial asset in a developing area, suitable for various business ventures.
State:Gujarat
City:Surat
Area:Moje-udhna
Asset Category:Commercial
Full Address:305, Shree Arcade, Shop office No.305, Shree Arcade, Block No.179/1/B (Rev S.Nos. 113/1A and 113/1B), Town Planning Scheme No.69 (Godadara-Dindoli), O.P.No.154, Final plot No. 154/B, Village Dindoli, Sub District Taluka Surat City (at present Udhna), District Surat, Udhna, Surat
Building/Society:Shree Arcade
Size:57.44 sq.mtrs
Auction Description
Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a commercial shop in Moje-udhna, Surat, Gujarat. The auction will commence on November 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this valuable commercial property is ₹22,26,000, with an Earnest Money Deposit (EMD) of ₹2,22,600. Interested bidders should ensure they meet all auction prerequisites.
Borrower Name:M/s. The Golden Green Gem Granite
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Bhimani Rakesh Dhirubhai, Mr.Bhimani Tusharbhai Dhirubhai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial shop in Surat, offering potential for business or rental income. The location in Udhna adds to its appeal, though further due diligence on the property's specific condition and market demand is advised. The reserve price and EMD are moderate, presenting a balanced risk-reward scenario.
Contact Details
Branch:Branch Office : surat
Service Provider:Public Auction
Contact Details:
Contact no:0261-2366500
