Commercial Property for Auction Athwalines Surat 8.5 Crore by State Bank of India
Athwalines, Surat
Area: 5081 sq. ft.
Samavasaran Building, Athwalines, Lal Bungalow Area, Athwa, Surat-395007
State Bank of India · Stressed Assets Management Branch, Ahmedabad
Reserve price
₹8,46,00,000
EMD ₹84,60,000
Auction date
05 Oct 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 5081 sq. ft.
- ▸Locality: Athwalines
- ▸Reserve: ₹8,46,00,000
- ▸EMD: ₹84,60,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Property · Commercial |
| Locality | Athwalines |
| Built-up / plot area | 5081 sq. ft. |
| Lender | State Bank of India |
| Branch | Stressed Assets Management Branch, Ahmedabad |
| Unit / flat no. | Shops No. 2 to 7 |
| Building / society | Samavasaran Building |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Athwalines, Surat by State Bank of India — reserve price ₹8,46,00,000, 5081 sq. ft., Physical possession.
Opportunity to acquire a premium commercial asset in Surat. This bank auction property features Shops No. 2 to 7 located on the ground floor of the prestigious 'Samavasaran' Building in the prime Athwalines locality. The property offers a spacious total area of 5081 sq. ft., making it an ideal commercial shop for sale for business expansion or investment. Situated in the well-connected Lal Bungalow Area, this commercial space benefits from high visibility and accessibility. The auction is conducted by the State Bank of India with physical possession available. Interested buyers should note the reserve price of ₹8,46,00,000 and participate in the e-auction scheduled for 05.10.2026. Don't miss this lucrative commercial property investment in the heart of Surat.
GeoSquare note: The property is located in a highly prestigious commercial hub (Athwalines, Surat) with a substantial area of 5081 sq. ft. Being a ground-floor commercial unit with physical possession, it presents a low-risk, high-value investment opportunity for long-term commercial yield.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.