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Commercial Building SARFAESI Auction

371 sq ft Commercial Building for Auction in Valsad – Ujjivan SFB

Valsad, Gujarat · Auction ID #80424

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Reserve Price ₹11,50,000
EMD (Earnest Money)₹1,15,000
Bid Increment₹10,000
Auction Date 17 Oct 2026, 02:00 PM In 15 days
EMD Last Date 16 Oct 2026, 05:00 PM In 14 days
Area371 sq ft

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
371 sq ft
Reserve price / sq ft
₹3,100
Locality
—
City
Valsad
State
Gujarat
Address
Description of the Immovable Property: All the piece and parcel of the said property being Shop No. 04, admeasuring about-371.00 Sq. Fts. Equivalent to 34.46 Sq.Mtrs. Super Built Up area situated on the Ground Floor of the building known as 'NOMAN MANZIL' constructed on the N.A. land bearing old Survey No. 140/paikee 6, admeasuring about 200.00 Sq. Myrs. Bearing Promulgated Survey No. 1071 situated at Village - Sanjan, Taluka - Umbergaon, District - Valsad and which is Bounded as under: East: By Flat No. G-3, West: By road, North: By Shop No. 3, South-By Shop No. 5 owned by Shahin Farhad Khan View on map

Description (as per sale notice)

Shop No. 04, admeasuring about-371.00 Sq. Ft. Description of the Immovable Property: All the piece and parcel of the said property being Shop No. 04, admeasuring about-371.00 Sq. Fts. Equivalent to 34.46 Sq.Mtrs. Super Built Up area situated on the Ground Floor of the building known as 'NOMAN MANZIL' constructed on the N.A. land bearing old Survey No. 140/paikee 6, admeasuring about 200.00 Sq. Myrs. Bearing Promulgated Survey No. 1071 situated at Village - Sanjan, Taluka - Umbergaon, District - Valsad and which is Bounded as under: East: By Flat No. G-3, West: By road, North: By Shop No. 3, South-By Shop No. 5 owned by Shahin Farhad Khan

Bank & Auction Details

Branch
Vapi Branch
Auction type
SARFAESI Auction
Borrower
Farhad A***** K***
Auction start
17 Oct 2026, 02:00 PM
Auction end
17 Oct 2026, 05:00 PM
EMD submission deadline
16 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹3,100 per sq ft. The average across commercial bank auctions in Valsad on our site is ₹4,030 per sq ft, so this one is 23% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (bankauctions.in (4Closure) · Listing 2414304), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,15,000 before 16 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 17 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 Ujjivan Small Finance Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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