BoB Surat Flat Auction: Flat (1,537.28 sq ft) – Reserve ₹78.3 Lakh (5 Oct 2026)

Here is a fresh bank e-auction worth tracking: the BoB Surat flat auction, offered by Bank of Baroda at a reserve of ₹78.3 Lakh. On offer is a flat in Surat (PIN 395007), with 1,537.28 sq ft carpet area. The online auction runs on 5 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹78,30,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

BoB Surat Flat Auction: Key Highlights

• Reserve price: ₹78,30,000 (₹78.3 Lakh)
• EMD: ₹7,83,000
• Bid increment: ₹10,000
• Auction: 5 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 5 October 2026, 5:55 PM
• Location: Surat, Gujarat
• Possession: Physical

BoB Surat Flat Auction – Complete Details

Auction ID	364957
Bank property ID	BARB00CAC083016
Bank	Bank of Baroda
Branch	Regional Sarb, Surat
Property type	Residential – Flat
Carpet area	1,537.28 sq ft
Locality	Vesu Surat
City / District	Surat
State	Gujarat
PIN code	395007
Type of possession	Physical
Type of action	Under SARFAESI
Reserve price	₹78,30,000
EMD	₹7,83,000
Bid increment	₹10,000
Auto-extension	5 minutes per late bid

About the Location – Surat

The property is located in Surat, Gujarat (PIN 395007). Gujarat combines a strong manufacturing base with fast-growing cities such as Ahmedabad, Surat, Vadodara and Rajkot, which keeps demand steady for homes, shops and industrial plots. The handling branch is Regional Sarb, Surat, which is usually the best contact for site visits and local queries.

Is the BoB Surat Flat Auction Worth It?

At the reserve price, the property works out to about ₹5,093 per sq ft of carpet area – compare this with recent resale rates in Surat before you bid. The EMD of ₹7,83,000 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. The bank holds physical possession, which usually makes handover after the sale smoother.

Important Dates for the BoB Surat Flat Auction

• Inspection window: 25 September 2026, 9:00 AM to 5 October 2026, 1:00 PM
• EMD submission opens: 24 September 2026
• Last date for EMD: 5 October 2026, 5:55 PM
• E-auction: 5 October 2026, 2:00 PM to 6:00 PM
• Auto-extension: 5 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 364957 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 7238853921.
4. Pay the EMD of ₹7,83,000 through the BAANKNET wallet before 5 October 2026, 5:55 PM.
5. Log in on 5 October 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 5 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Verify the title documents and the society or builder NOC.
• Check pending maintenance, property tax and utility dues.
• Confirm the possession status and whether the flat is occupied.
• Check the approved plan and occupancy certificate for the building.
• Read our tips for buying bank auction flats before you bid.

BoB Surat Flat Auction: FAQs

More BoB and Gujarat Auctions

• All Bank of Baroda auction listings
• More flat auctions
• Bank auctions in Gujarat
• Guide: home loan for auction property

Source: Auction ID 364957 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda before bidding.