Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612669
Bank Name:Encore ARC Pvt Ltd
Branch Name:Corporate Office - Gurugram
Reserve Price:₹51,00,000
EMD:₹5,10,000
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a commercial shop located in the bustling area of Vesu, Surat, Gujarat. The property is part of a SARFAESI auction conducted by Encore ARC Pvt Ltd. Ideal for retail or business ventures, this asset offers a prime location in a rapidly developing commercial hub. The shop is suitable for a variety of business needs, providing an excellent investment opportunity in Surat's real estate market.
State:Gujarat
City:Surat
Area:Vesu
Asset Category:Commercial
Full Address:Shop No. 50, Avanth Arena, Shop No. 50, Avanth Arena, RS No. 97/1+2+3, Block No. 211, FP No. 131, TP-13 (Barthana-Vesu), Opp Marvella, Marvella Corridor, VIP Road, Vesu, Surat
Building/Society:Avanth Arena
Size:31.15 sq. mtrs
Auction Description
Encore ARC Pvt Ltd is conducting a SARFAESI auction for a commercial shop in Vesu, Surat. The auction will take place on November 26, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this promising commercial asset is INR 51,00,000, with an Earnest Money Deposit (EMD) of INR 5,10,000 required to participate. This is a unique chance to acquire a commercial property in a key location. Property details relate to M/s. Krishna Creations.
Borrower Name:M/s. Krishna Creations
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Biren Govindlal Shah, Mrs. Deepa Biren Shah
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known
Why This Property
Located in Vesu, Surat, this commercial shop presents a solid investment opportunity. The reserve price is reasonable, and the location near key areas increases its potential. Auction terms appear standard, making it a strong contender for investors.
Contact Details
Branch:Branch Office : Corporate Office - Gurugram
Service Provider:drt.auctiontiger.net
Contact Details:
Dharmendra Maurya
Contact no:9930171113
