Commercial Building SARFAESI Auction Physical Possession

15.02 sq ft Commercial Building for Auction in Simada Puna Surat, Surat – BOB

Simada Puna Surat, Surat, Gujarat · Auction ID #935

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Reserve Price ₹18,63,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 05 Oct 2026, 02:00 PM In 5 days
EMD Last Date 05 Oct 2026, 05:55 PM In 5 days
Area15.02 sq ft

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
15.02 sq ft (≈ 15 sq ft)
Reserve price / sq ft
₹1,24,035
Locality
Simada Puna Surat
City
Surat
State
Gujarat
Pincode
395006
Address
SIMADA PUNA SURAT, Gujarat, 395006 View on map

Description (as per sale notice)

COMMERCIAL SHOP AT SHOP NO G-7 AT RAJ IMPERIA, NEAR VRAJ VILLA RESIDENCY, OPP VRAJ VIHAR RESIDENCY,BEARING R S NO 12/2/A, BLOCK NO 32, T P SCHEME NO 21 (SARTHAN SIMADA) ORIGINAL PLOT NO 1, FINAL PLOT NO 1, PAIKI SUB PLOT NO 1/B OF VILLAGE SIMADA TALUKA PUNA (SURAT CITY) DIST SURAT-395013 AREA- SBUA-39.55 SQ.MTR I.E 318.00 SQ.FT.

BAANKNET Property ID: BARB00P5A078939

Bank & Auction Details

Bank / Lender
Bank of Baroda
Branch
REGIONAL SARB, SURAT - 6002
Auction type
SARFAESI Auction
Borrower
MARUTI E*****
Auction start
05 Oct 2026, 02:00 PM
Auction end
05 Oct 2026, 06:00 PM
EMD submission deadline
05 Oct 2026, 05:55 PM
Inspection
25 Sep 2026, 10:00 AM – 05 Oct 2026, 01:00 PM
Authorised officer
PRAMOD KUMAR AUTHORISED OFFICER
Officer contact
7238853921

Price Check

This listing's reserve price works out to ₹1,24,035 per sq ft. The average across commercial bank auctions in Surat on our site is ₹7,802 per sq ft, so this one is 1490% 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.
  2. Inspect the property on 25 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BARB00P5A078939)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 05 Oct 2026, 05:55 PM. It is refunded if you don't win.
  5. Bid online on 5 Oct 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.

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 Bank of Baroda. Always verify every detail with the official notice and the authorised officer before paying any money.

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