4,250 sq feet Flat for Auction in Surat, Surat – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

4,250 sq feet (≈ 4,250 sq ft)

Reserve price / sq ft

₹2,588

Locality

Surat

City

Surat

State

Gujarat

Pincode

395007

Address

Surat, Gujarat, 395007 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB AHMEDABAD-04199

Auction type

DRT Auction

Borrower

VENUS L***** L**

Auction start

19 Nov 2026, 12:00 PM

Auction end

19 Nov 2026, 01:00 PM

EMD submission deadline

18 Nov 2026, 05:00 PM

Inspection

12 Oct 2026, 11:00 AM – 12 Oct 2026, 02:00 PM

Authorised officer

Shekhar R Srivastava

Officer contact

7600037735

E-auction portal

BAANKNET (Property ID SBIN100002974989)

Price Check

This listing's reserve price works out to ₹2,588 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,790 per sq ft, so this one is 7% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN100002974989)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 Nov 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.