BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in Surat

Surat

Reserve price
₹15.44 L
Auction date
17 Mar 2026
1:00 PM
EMD deadline
28 Sept 2025
6:00 PM
Bid increment
₹10,000.00

Location details

Property Address
All those piece and parcel of Immovable Property known as Shop No. 102, 1st Floor, mulchand Market Constructed in the land bearing City survey no. 2330 (Northen Portion) of ward no. 4, Salabaypura, Ring Road, Surat, Gujarat
City: Surat
District: Surat
State: Gujarat
Pin Code: 394210
Country: India

Auction timeline

Auction starts
17 Mar 2026 at 1:00 PM
Auction ends
17 Mar 2026 at 5:00 PM
EMD submission deadline
28 Sept 2025 at 6:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹15.44 L
Property Identifiers
Bank Property ID
MAHBDISHASAREE102

Property Images

Price history

5 previous auctions
₹17.1L30 Aug₹14.7L₹13.3L₹15.4LNow 10.0% down
₹13,25,000.00
22 Jan 2026
Commercial
Bank of Maharashtra logoBank of MaharashtraPossession: Physical
₹13,94,000.00
26 Dec 2025
Commercial
Bank of Maharashtra logoBank of MaharashtraPossession: Physical
₹14,67,000.00
17 Nov 2025
Commercial
Bank of Maharashtra logoBank of MaharashtraPossession: Physical

Borrower & Loan details

Borrower Name
Mr. Disha Sarees (Borrower) Proprietor – Mr. Purshottam T Nandwani
Registered Address of Borrower
Shop No. 102, Noolchand Market, Sing Road Surat, Gujarat – 394210
Owner
Mr. Purshottam T Nandwani
NPA Amount
₹28.18 L
NPA Date
31 Jul 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
40089552097
Demand Notice
Notice Date
04 Aug 2022
Notice Amount
₹28.18 L
Asset Classification
Classification Date
29 Jul 2024
Classification ID
4
Possession Dates
Physical
08 Feb 2025

EMD Schedule

EMD Start
23 Feb 2026
4:38 PM
EMD Deadline
16 Mar 2026
6:00 PM
Payment Deadline
28 Sept 2025

Inspection Schedule

Inspection Start
10 Mar 2026
12:00 PM
Inspection End
12 Mar 2026
4:00 PM

Officer Details

Authorized Officer
Ashutosh Rajan
CHIEF MANAGER
Dealing Officer
Ashutosh Ranjan, Chief Manager

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
MAHBDISHASAREE102
Bank of Maharashtra logo
Bank of Maharashtra
Verified seller
Branch: ASSETRECOVERYBRANCH,AHMEDABAD-1936
IFSC: MAHB

Bank contact

+91 63573 74043+91 89890 80944
Branch Address
1Floor,Baleshwarsquare,OppositeEscontemple,SarkhajGandhinagarHighway,Ahmedabad-380015
Branch IFSC
MAHB0000213
Department
ASSETRECOVERYBRANCH,AHMEDABAD-1936