Representative illustration — Commercial Shop bank auction in Vesu
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Physical possession Prime Investment

Shop for Auction Vesu Surat 30 Lakh by Icici Bank

Vesu, Surat

Area: 683 sq. ft.

Shop No-331, 3rd Floor, Highfield Ascot, Near Canal Road, VIP Road, Moje-Vesu, Majura, Surat, Gujarat-395007

ICICI Bank · Branch Office:Surat

Reserve price

₹30,00,000

EMD ₹3,00,000

Auction date

15 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 683 sq. ft.
  • Locality: Vesu
  • Reserve: ₹30,00,000
  • EMD: ₹3,00,000

Auction snapshot

PossessionPhysical
Property typeCommercial Shop · Commercial
LocalityVesu
Built-up / plot area683 sq. ft.
LenderICICI Bank
BranchBranch Office:Surat
Unit / flat no.Shop No-331
Building / societyHighfield Ascot
Floor3rd Floor
Auction typeSARFAESI Auction
Service providerBidDeal.in

About this property

Commercial Shop bank auction in Vesu, Surat by ICICI Bank — reserve price ₹30,00,000, 683 sq. ft., Physical possession.

Explore this prime commercial shop for sale via bank auction, located in the prominent Highfield Ascot complex on VIP Road, Vesu, Surat. This 683 sq. ft. commercial space offers an excellent investment opportunity in one of Surat's rapidly developing business hubs. The property is being sold by ICICI Bank through a transparent e-auction process. With a reserve price of ₹30,00,000, this commercial asset is ideal for investors or entrepreneurs looking to establish a footprint in the Majura-Vesu area. Key features include proximity to major road networks and a strategic location on the 3rd floor. Interested bidders must complete the EMD submission by October 14, 2026. Don't miss this opportunity to acquire a commercial shop in a high-growth locality through a secured bank auction.

GeoSquare note: This property is an excellent investment given its location in the highly sought-after Vesu area of Surat. The commercial shop is situated in a prominent building, and the fact that the bank has taken physical possession adds significant security for the buyer. The reserve price relative to the square footage represents a competitive market entry point.

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