40.12 sq meter Flat for Auction in Surat – CBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

40.12 sq meter (≈ 431 sq ft)

Reserve price / sq ft

₹2,084

Locality

—

City

Surat

State

Gujarat

Pincode

395003

Address

Surat, Gujarat, 395003 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

SAHARADARWAJA TEXMKT,SURAT_RO-510

Auction type

SARFAESI Auction

Borrower

Bipinbhai P***** R*****

Auction start

30 Sep 2026, 12:00 PM

Auction end

30 Sep 2026, 05:01 PM

EMD submission deadline

30 Sep 2026, 05:00 PM

Inspection

30 Sep 2026, 09:04 AM – 30 Sep 2026, 10:06 AM

Authorised officer

Dhiraj bisht

Officer contact

9909948871

E-auction portal

BAANKNET (Property ID CBINSURAT8112060034)

Price Check

This listing's reserve price works out to ₹2,084 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,843 per sq ft, so this one is 27% 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 30 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CBINSURAT8112060034)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 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.