40.13 sq m Land & Building for Auction in Surat – Ujjivan SFB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

40.13 sq m (≈ 431 sq ft)

Reserve price / sq ft

₹1,577

Locality

—

City

Surat

State

Gujarat

Address

All the piece and parcel of the property bearing Plot No. 109 admeasuring 40.13 sq. meters (as per 7/12 admeasuring 40.15 sq. meters) along with construction thereon, known and identified as Swarg Villa Situated at Revenue Survey No. 116/1, Block No. 122 admeasuring 16173 sq. meters N.A land of Village-Kareli, Tal-Palsana, Dist-Surat, Gujarat, Boundries are East: Plot No. 98, West: Road, North: Plot. 110, South: Plot No. 108. Property Owned by Sumitra Richhpal and Ravi Richhpal Saini. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Parvat Gam

Auction type

SARFAESI Auction

Borrower

Ravi R***** S****

Auction start

17 Nov 2026, 02:00 PM

Auction end

17 Nov 2026, 05:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2444616

Price Check

This listing's reserve price works out to ₹1,577 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,809 per sq ft, so this one is 44% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

Previous Auctions of This Property

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2444616), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹68,100 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.