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Flat SARFAESI Auction

488 sq ft Flat for Auction in Surat – Omkara ARC

Surat, Gujarat · Auction ID #3269

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Reserve Price ₹16,25,000
EMD (Earnest Money)₹1,62,500
Bid Increment₹10,000
Auction Date 15 Oct 2026, 01:00 PM In 17 days
EMD Last Date 14 Oct 2026, 06:00 PM In 16 days
Area488 sq ft

Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
488 sq ft
Reserve price / sq ft
₹3,330
Locality
—
City
Surat
State
Gujarat

Description (as per sale notice)

Property No. 3: All that piece and parcel of Property bearing Flat No 401 on the 4th Floor, admeasuring 488 Sq. Ft i.e. 45.35 Sq. Mtrs built up area along with 25.19 Sq Mtrs undivided share in the land of “Arpan Complex, D-Type Building” situate at Revenue Survey No 39/A Paiki, Block No 61/1 Paiki admeasuring 4380 Sq Mtrs T.P. Scheme No 64 (Dumbhal Magob), Original Plot No 78 of Moje village Magob, City of Surat and bounded as under:- On or towards East: Ladder, Passage and Flat No 404 On or towards West: Open Land & Road On or towards North: Open Land & Road On or towards South: Flat No 402 Area: 488 Sq. Ft i.e. 45.35 Sq. Mtrs (BUA)

Bank & Auction Details

Branch
Omkara PS 06/2021-22 Trust
Auction type
SARFAESI Auction
Borrower
Meenakshi T*****
Auction start
15 Oct 2026, 01:00 PM
Auction end
15 Oct 2026, 02:00 PM
EMD submission deadline
14 Oct 2026, 06:00 PM
Inspection
01 Oct 2026, 09:00 AM – 01 Oct 2026, 10:00 AM
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹3,330 per sq ft. The average across residential bank auctions in Surat on our site is ₹1,994 per sq ft, so this one is 67% above 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 1 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,62,500 before 14 Oct 2026, 06:00 PM. It is refunded if you don't win.
  5. Bid online on 15 Oct 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.

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 Omkara Assets Reconstruction. Always verify every detail with the official notice and the authorised officer before paying any money.

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