All auctions / Gujarat / Surat
Shops for sale in Surat
Surat, Gujarat – 394210
Bank of Maharashtra · ASSETRECOVERYBRANCH,AHMEDABAD-1936
This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.
- Reserve price
- ₹13,95,000
- EMD
- ₹1,39,500
- Bid increment
- ₹5,000
This is the 6th auction of this property. The reserve price is 9.7% lower than at the last auction (₹15,44,000 on 18 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property7 Oct 2026, 12:00 PM – 9 Oct 2026, 4:00 PM
- Pay EMD and submit bid by15 Oct 2026, 10:00 AM (EMD closes today)
- Auction15 Oct 2026, 11:00 AM – 2:00 PM · today
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 15 Oct 2026 | ₹13,95,000 | -9.7% | Upcoming |
| 18 Aug 2026 | ₹15,44,000 | — | Closed |
| 15 Jul 2026 | ₹15,44,000 | — | Closed |
| 16 Jun 2026 | ₹15,44,000 | — | Closed |
| 14 May 2026 | ₹15,44,000 | — | Closed |
| 17 Mar 2026 | ₹15,44,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,39,500
- Rest of 25% when you win (same or next day)
- ₹2,09,250
- Balance 75%, usually within 15 days
- ₹10,46,250
- Stamp duty and registration (about 5–8%, varies by state)
- ₹69,750 – ₹1.12 L
You may bid above the reserve in steps of ₹5,000. 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 · Shops
- Possession
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- All those piece and parcel of Immovable Property known as Shop No. 102, 1st Floor, mulchand Market Constructed in the land bearing City survey no. 2330 (Northen Portion) of ward no. 4, Salabaypura, Ring Road, Surat, Gujarat
- Borrower
- Mr. Disha Sarees (Borrower) Proprietor – Mr. Purshottam T Nandwani
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