Bank Auction Property - Flat for sale in Surat Sarthana

 

Borrower Name

Jayesh Madhavji Kaneriya

Bank Name

IDBI Bank

Property Type

Flat

Location

Description of Property: All that part and parcel of the immovable property situated at Flat no-A-304, Hari Krishna Residency, Nr. Manya Residency, Opp. Hari Krishna Exports Pvt Ltd., Off Vraj Chowk Road, Sarthana Jakat, Naka, Simada, Surat-395006 in the State of Gujarat having super-builtup area of 1071Sq.ft

Area

1071Sq Ft

Possession

Physical

Locality

Sarthana

City

Surat

Reserve Price

29,99,000

Reserve Price (per Sq Ft)

2,800 per Sq Ft

EMD Amount

3,00,000

EMD submission

Fri, 01 Mar 2024 04:00 PM

Auction Start Date & Time

Mon, 04 Mar 2024 11:00 AM

Auction End Date & Time

Mon, 04 Mar 2024 02:00 PM

Inspection Date & Time

26-02-2024 11:00 am to 2:00 pm

EAuction Website

IDBI Bank

Flat Residential Property in Auction in Utran - Mota Varachha, Surat

 

 

Borrower Name : Leela Govind Dafda

 

Location City : Utran - Mota Varachha, Surat

 

Property Description : All that piece and parcel of the property being T.P No. 7(utran- kosad), F.P No. 190, Flate No. EWS-12/ C-1201, having built up area 30.770 sq. mtr. & Carpet area 26.210 sq.mtr., Project name and style "SUMAN MANDIR" Village: Utran, Taluka - Choryasi Registration District: Surat, Sub District: Surat. 

Reserve Price : 3,00,000/-

 

Property Area : Built Up Area 30.770 Sq. Mtr

 

EMD : 30,000/-

 

Possession : Physical

 

Bank Name : India Home Loan

 

EMD & KYC Submission Last Date & Time : 15/02/2024

 

Auction Start Date & Time : 29/03/2024, 04:59 PM

 

Auction End Date & Time : 29/03/2024

 

Bid Incremental Value : 10,000/-

Which Points / Documents to be Check / taken in consideration while buying property from Auction?

 

How many Amount Outstanding in 

- Electricity Bill, 

- Tax Bill, 

- Gas Bill, 

- Society Maintenance

- Any other Case in Revenue Record and

- DRT ( Debt Recovery Tribunal ) Court etc...

Benefits of Buying Property from Auction.

 

Ø  Get at Cheapest or Reasonable Price of Property.

Ø  Legally More Safe to invest your money as compared to Local Market.

Ø  Seller (Banks/ NBFC/ ARC ) more Credibility is fixed So, No need to more worry.

Ø  Transparent in Transaction of Money via Bank Channel.

Ø  Time of Ownership is early as compare to general Transaction.

What are the General Terms & Conditions for Auction?

                                     

Ø  Pay 10% EMD of Reserve Price and Submit KYC. ( For meaning of EMD & Reserve Price go through Auctionvala.com’s FAQ Page)

Ø  Successful Bidder must be required to pay 25% of the Total amount Offered (including the amount of EMD) immediately i.e. on the same day or not after next working day Otherwise Bank/ NBFC/ ARC will forfeit the deposited amount.

Ø  Submit the Bid Form with EMD Payment Proof.

Ø  Active E-Mail ID and Mobile Number.

E-Auction Property Full Process – Suggested by www.auctionvala.com

 

Ø  Find out Best Auction Property from Listed on Auctionvala.com

Ø  Check Property Details and consult with your advocate too.

Ø  Do Physically Inspection of the Property.

Ø  If Property suits your need from aucionvala.com then Submit Bid Form.

Ø  Be Prepared Online Bidding and read all FAQ and Blogs of Auctionvala.com

Ø  On Auction Date if you are Highest Bidder then get Bid Letter/ Bid Confirmation Letter of Auctioned Property.

Ø  After Completion of your Total Payment get or Issued Sale Certificate from Authorized Officer.

Ø  Book Appointment with Authorized Officer to Register Sale Certificate in Sub-Registrar office and get also get Your Possession Letter.

What is e-Auction ?

 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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