Surat Flat Auction 394150: Flat (99.87 sq ft) – Reserve ₹11.34 Lakh (28 Oct 2026)

Bank of Baroda has put a flat up for sale through the Surat flat auction 394150, open to all registered bidders on BAANKNET. On offer is a flat in Surat (PIN 394150), with 99.87 sq ft carpet area. The online auction runs on 28 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹11,34,000.

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.

Surat Flat Auction 394150: Key Highlights

• Reserve price: ₹11,34,000 (₹11.34 Lakh)
• EMD: ₹1,13,400
• Bid increment: ₹10,000
• Auction: 28 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 28 October 2026, 6:00 PM
• Location: Surat, Gujarat
• Possession: Physical

Surat Flat Auction 394150 – Complete Details

Auction ID	366616
Bank property ID	BARBCUX074727
Bank	Bank of Baroda
Branch	Kadodara
Property type	Residential – Flat
Carpet area	99.87 sq ft
City / District	Surat
State	Gujarat
PIN code	394150
Type of possession	Physical
Type of action	Under SARFAESI
Reserve price	₹11,34,000
EMD	₹1,13,400
Bid increment	₹10,000
Auto-extension	10 minutes per late bid

About the Location – Surat

Surat is in Surat district of Gujarat, under PIN code 394150. 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 Kadodara, which is usually the best contact for site visits and local queries.

Is the Surat Flat Auction 394150 Worth It?

At the reserve price, the property works out to about ₹11,355 per sq ft of carpet area – compare this with recent resale rates in Surat before you bid. The EMD of ₹1,13,400 is 10% of the reserve price and is refunded to unsuccessful bidders. Because the reserve price is fixed from a registered valuer’s report, it is often below the market rate – but factor in transfer costs and any dues before deciding your maximum bid. The bank holds physical possession, which usually makes handover after the sale smoother.

Important Dates for the Surat Flat Auction 394150

• Inspection window: 29 September 2026, 6:00 PM to 28 October 2026, 1:00 PM
• EMD submission opens: 29 September 2026
• Last date for EMD: 28 October 2026, 6:00 PM
• E-auction: 28 October 2026, 2:00 PM to 6:00 PM
• Auto-extension: 10 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 366616 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 8980026708.
4. Pay the EMD of ₹1,13,400 through the BAANKNET wallet before 28 October 2026, 6:00 PM.
5. Log in on 28 October 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 10 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.

Surat Flat Auction 394150: 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 366616 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.