All auctions / Gujarat / Surat
4Nov
- Reserve price
- ₹16,00,000
- EMD
- ₹1,60,000
- Bid increment
- ₹10,000
This is the 2nd auction of this property. The reserve price is 27.3% lower than at the last auction (₹22,00,000 on 7 Apr 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by3 Nov 2026, 5:00 PM
- Auction4 Nov 2026, 12:00 PM – 1:00 PM · in 20 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 4 Nov 2026 | ₹16,00,000 | -27.3% | Upcoming |
| 7 Apr 2026 | ₹22,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,60,000
- Rest of 25% when you win (same or next day)
- ₹2,40,000
- Balance 75%, usually within 15 days
- ₹12,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹80,000 – ₹1.28 L
You may bid above the reserve in steps of ₹10,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Office
- Possession
- Physical
- Auction type
- DRT (Debt Recovery Tribunal) · DRT-2, Ahmedabad
- Address
- OFFICE NO 302, 3RD FLOOR, B BLOCK OF GANESH SHOPING CENTRE,VILLAGE KATARGAM, TALUKA CHORYASI, SURAT
- Borrower
- M/S CHIRAG TEXTILES
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