60.66 sq meter House for Auction in Dastan, Surat – BOI

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

60.66 sq meter (≈ 652 sq ft)

Reserve price / sq ft

₹1,585

Locality

Dastan

City

Surat

State

Gujarat

Pincode

394310

Address

Dastan, Gujarat, 394310 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

TEXTILE MARKET-2703

Auction type

SARFAESI Auction

Borrower

MACHCHHINDRA A***** G*****

Auction start

09 Dec 2026, 11:00 AM

Auction end

09 Dec 2026, 05:00 PM

EMD submission deadline

09 Dec 2026, 04:00 PM

Inspection

02 Dec 2026, 11:00 AM – 02 Dec 2026, 04:00 PM

Authorised officer

Syed Khatib Ahmed

Officer contact

9935998880

E-auction portal

BAANKNET (Property ID BKID2703MACHCHHINDRA)

Price Check

This listing's reserve price works out to ₹1,585 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,790 per sq ft, so this one is 43% 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.
2. Inspect the property on 2 Dec 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BKID2703MACHCHHINDRA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 09 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 9 Dec 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.