CommercialUpcoming auctionVerified listing
Commercial in Ring Road, Surat
Ring Road, Surat, Surat
Reserve price
₹1.60 Cr
Auction date
13 Mar 2026
11:00 AM
EMD deadline
29 Apr 2025
3:00 PM
Bid increment
₹50,000.00
Location details
Property Address
Office No 601 & Office No. 619 on the 6th Floor paiki southern side of the building known as "Jeevandeep" situated at Hanuman Sheri, Sagrampura, Ring Road bearing City Survey Ward No: 2, Nondh No: 1415/A-1
Locality: Ring Road, Surat
City: Surat
District: Surat
State: Gujarat
Pin Code: 395002
Country: India
Nearest Airport / Railway Station / Bus Stand
Surat
Auction timeline
Auction starts
13 Mar 2026 at 11:00 AM
Auction ends
13 Mar 2026 at 4:00 PM
EMD submission deadline
29 Apr 2025 at 3:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Office
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.45 Cr
Property Identifiers
Bank Property ID
SBIN200012379436
CERSAI ID
200012379436
Collateral ID
77265320824
Property Images
Price history
2 previous auctions₹2,45,00,000.00
29 Apr 2025
Commercial
State Bank of IndiaPossession: Physical₹2,45,00,000.00
6 Feb 2025
Commercial
State Bank of IndiaPossession: PhysicalBorrower & Loan details
Borrower Name
SHAKTI YARN PVT LTD
Registered Address of Borrower
601 AB, 6th Floor JIVANDEEP, J.K.TOWER, OPP. SUB JAIL, RING ROAD, SURAT, Gujarat, Pin: 395002
Ownership of Property
Borrower
NPA Amount
₹54.13 Cr
NPA Date
04 Oct 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77265320824
Customer ID
85163122873
Borrower CIF
85163122873
Demand Notice
Notice Date
02 Mar 2023
Notice Amount
₹54.13 Cr
Asset Classification
Classification Date
04 Oct 2024
Classification ID
4
Possession Dates
Physical
20 Aug 2023
Additional details
Property USP
Commercial Office Space at Prime Location of Surat
Description
Office No 601 & 619 on the 6th Floor paiki southern side of the building known as "Jeevandeep" situated at Hanuman Sheri, Sagrampura, Ring Road bearing City Survey Ward No: 2, Nondh No: 1415 BY A-1 Surat
EMD Schedule
EMD Start
23 Feb 2026
12:57 PM
EMD Deadline
13 Mar 2026
3:00 PM
Payment Deadline
29 Apr 2025
Inspection Schedule
Inspection Start
05 Mar 2026
11:00 AM
Inspection End
05 Mar 2026
1:00 PM
Officer Details
Authorized Officer
Gaurang Baldevbhai Anand
ASSISTANT GENERAL MANAGER
Dealing Officer
G NAGESWARA RAO
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77265320824
CERSAI ID
200012379436
Property ID
SBIN200012379436
Nearby Amenities
Nearest Station
Surat
Property Images
State Bank of India
Verified seller
Branch: SAMB AHMEDABAD-04199
IFSC: SBIN
Bank contact
+91 99103 07668+91 97045 57261
Branch Address
SAMB PARAMSIDDHI COMPLEX, II FLOOR
OPP V S HOSPITAL ELIS BRIDGE
AHMEDABAD, GUJRATBranch IFSC
SBIN0006926Department
SAMB AHMEDABAD-04199