House SARFAESI Auction Symbolic Possession

40.15 sq meter House for Auction in Surat – PNB

Surat, Gujarat · Auction ID #109640

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Reserve Price ₹7,65,000 11.5% lower than previous auction (₹8.64 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 12 days
EMD Last Date 26 Nov 2026, 04:00 PM In 12 days
Area40.15 sq meter
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
40.15 sq meter (≈ 432 sq ft)
Reserve price / sq ft
₹1,770
Locality
—
City
Surat
State
Gujarat
Pincode
394180
Address
Surat, Gujarat, 394180 View on map

Description (as per sale notice)

All the piece and parcel of the property bearing Plot No. 118 (As per KJP Durasti, Block No. 193/118), admeasuring 40.15 sq. mtrs., together with undivided proportionate share adm. 20.93 sq. mtrs. in the common Road & COP (Aggregating admeasuring 61.08 sq. mtrs.), with all appurtenances pertaining thereto, of the housing society known and named as “Shubham Residency”, situated on the land bearing Revenue Block No. 146/A (Old Survey Nos. 139, 140, 141 & 142) and as per Re-Survey New Block No. 193, admeasuring 21107.00 sq. mtrs. of Moje Village Jokha, Taluka Kamrej, Dist. Surat Boundaries: East : Plot No. 119 West : Plot No. 117 North : Adj. Society Road South : Plot No. 95 Name of Mortgagor(s): Mr. Nareshbhai Muljibhai Parmar & Mrs. Kanchanben Nareshbhai Parmar

BAANKNET Property ID: PUNB895400NARE01
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Bank & Auction Details

Branch
VELANJA895400
Auction type
SARFAESI Auction
Borrower
Mr. N***** M***** P*****
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 04:00 PM
EMD submission deadline
26 Nov 2026, 04:00 PM
Inspection
19 Nov 2026, 11:00 AM – 19 Nov 2026, 04:00 PM
Authorised officer
SH SHUBHAM SHARMA
Officer contact
9571465514
E-auction portal
BAANKNET (Property ID PUNB895400NARE01)
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Price Check

This listing's reserve price works out to ₹1,770 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,790 per sq ft, so this one is 37% 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

Auction dateReserve price
26 Nov 2026₹7,65,000This auction
03 Nov 2026₹8,64,000View

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 19 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNB895400NARE01)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 26 Nov 2026 starting above the reserve price.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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