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Flat SARFAESI Auction

2,800 sq ft Flat for Auction in Umara, Surat – IndusInd

Umara, Surat, Gujarat · Auction ID #96937

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Flat for auction in Umara, Surat – IndusIndRepresentative image – no photo published by the bank
Reserve Price ₹98,00,000
EMD (Earnest Money)₹9,80,000
Bid Increment₹25,000
Auction Date 24 Nov 2026, 11:00 AM In 12 days
EMD Last Date 23 Nov 2026, 04:00 PM In 11 days
Area2,800 sq ft
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Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
2,800 sq ft
Reserve price / sq ft
₹3,500
Locality
Umara
City
Surat
State
Gujarat

Description (as per sale notice)

An immovable property being Flat No-B-302, on the 3rd Floor, adm 2800 sq. ft., in Building B, Navmangalam Apartment, constructed on plot no 3 and 4 forming part of Samarth Sarathi Co. Op. Housing Society Ltd, Citylight Road, lying being and situated at village Umara sim of Taluka – Choryasi, being Revenue Survey No. 152 being Final Plot No 109 pf T.P Scheme No. 4, in the registration sub district Choryasi and registration district Surat, Gujarat.
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Bank & Auction Details

Bank / Lender
IndusInd Bank
Branch
IndusInd Bank Limited, One Indiabulls Centre, Elphinstone Road, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
M/s U** E*****
Auction start
24 Nov 2026, 11:00 AM
Auction end
24 Nov 2026, 12:00 PM
EMD submission deadline
23 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹3,500 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,810 per sq ft, so this one is 25% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹9,80,000 before 23 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 24 Nov 2026 starting above the reserve price, in multiples of ₹25,000.
  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.

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

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