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 An auction is process of buying and selling movable and immovable property by offering them up for bids, taking bids, and then selling the property or any Movable or immovable assets to the highest bidder. Generally Auction held by various Banks, Financial Institutions, courts, public sector's or Private sectors etc..

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Commercial Property in Fulpada, Katargam - Varachha, Surat

 

Borrower Name : Aakash Art Through its Proprietor Ajay K. Gohil, & Others

 

Location City : Fulpada, Varachha - katargam, Surat

 

Property Description : All the piece and parcel of Property of Hall No: 201 on the 2nd Floor, total area Admeasuring about 383.35 Square Meter (Built up Area) of the building known as “Raj Shopping Center” constructed for commercial purpose along with undevided proportionate share in the land situated at Fulpada, Bearing Revenue Survye No : 165 Paiki, City Survey Nondh No: 51/5 Admeasuring About 447.13 Square Meters of Ward : Fulpada, Taluka : Surat City , District Surat.

 

Reserve Price : 1,60,80,000/-

 

Property Area : 383.35 Square Meter (Built up Area)

 

Outstanding Amount of Borrower : 1,31,19,934 + Other expense after NPA.

 

EMD : 16,08,000/-

 

Possession : Physical / Symbolic / Constructive

 

Bank Name : Yes Bank

 

Property Inspection Date & Time (from) : 12.10.2022, from 11:00 am to 02:00 pm

 

EMD & KYC Submission Last Date & Time : 15.10.2022

 

 Auction Start Date & Time : 18.10.2022, 11 am to 2 pm

 

Auction End Date & Time : 18.10.2022, 2 pm

 

Bid Incremental Value : N/A

 

Auto Extension Time : 5 Minutes