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6,145.36 sq ft Flat for Auction in Village Jolva, Surat – Assets Care And Reconstruction Enterprise Limited

Village Jolva, Surat, Gujarat · Auction ID #110589

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Flat for auction in Village Jolva, Surat – Assets Care And Reconstruction Enterprise LimitedRepresentative image – no photo published by the bank
Reserve Price ₹2,23,000
EMD (Earnest Money)₹22,300
Bid Increment₹5,000
Auction Date 20 Nov 2026, 02:30 PM In 6 days
EMD Last Date 19 Nov 2026, 04:00 PM In 5 days
Area6,145.36 sq ft
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Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
6,145.36 sq ft
Reserve price / sq ft
₹36
Locality
Village Jolva
City
Surat
State
Gujarat

Description (as per sale notice)

All That Piece And Parcel Of Residential Flat No. 407, Situated On The 4th Floor Of The Building Known As "rudraksh Heights", Constructed On The Non- agricultural Residential Land Known As "jolva Residency", Bearing Revenue Survey No. 182, Block No. 223, Comprising Plot Nos. 364, 365, 366, 367 And 368, Admeasuring In Aggregate 6145.36 Sq. Ft. (571.13 Sq. Mtrs.), Situated At Moje Village Jolva, Taluka Palsana, Sub-district Palsana, District Surat, State Of Gujarat. The Said Flat No. 407 Admeasures 25.65 Sq.Mtrs. (275.99 Sq. Ft.) Built-up Area And 46.47 Sq. Mtrs. (500.00 Sq. Ft.) Super Built-up Area, Together With 8.00 Sq. Mtrs. Undivided Share In The Land, And Proportionate Right, Title And Interest In The Common Areas, Common Facilities, Passages, Staircases, Amenities And Appurtenances Pertaining Thereto. The Said Flat Includes All Internal And External Fixtures, Fittings, Installations, Structures, Easements, Liberties, Privileges And All Rights Whatsoever Attached To And Enjoyed With The Said Premises boundaries Of Flat No. 407:east: Passage To The Adjoining Apartment, West: Society Road, North: Flat No 408, South: Flat No. 406, Together With All Rights, Easements, Benefits And Appurtenances Attached Thereto And Belonging Theretó In Any Manner Whatsoever.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Narendra S****
Auction start
20 Nov 2026, 02:30 PM
Auction end
20 Nov 2026, 03:30 PM
EMD submission deadline
19 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹36 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,790 per sq ft, so this one is 99% 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.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  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 (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹22,300 before 19 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
  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.

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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 Assets Care And Reconstruction Enterprise Limited. Always verify every detail with the official notice and the authorised officer before paying any money.

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