Representative illustration — Commercial Property bank auction in LP Savani Road, Adajan & Pal
Representative illustration — not the actual property photograph.
Commercial Property Commercial Physical Possession possession Prime Investment

Commercial Property for Auction Lp Savani Road Adajan Pal Surat 76.2 Crore by State Bank of India

LP Savani Road, Adajan & Pal, Surat

Area: 6994.0 Sq Mts

TP Scheme 31, Part 1, Final Plot No 54 and Part-2, Final Plot No 53, @ LP Savani Road, Surat

State Bank of India · Stressed Assets Management Branch, Ahmedabad

Reserve price

₹76,15,00,000

EMD ₹7,61,50,000

Auction date

26 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical Possession
  • Area: 6994.0 Sq Mts
  • Locality: LP Savani Road, Adajan & Pal
  • Reserve: ₹76,15,00,000
  • EMD: ₹7,61,50,000

Auction snapshot

PossessionPhysical Possession
Property typeCommercial Property · Commercial
LocalityLP Savani Road, Adajan & Pal
Built-up / plot area6994.0 Sq Mts
LenderState Bank of India
BranchStressed Assets Management Branch, Ahmedabad
Unit / flat no.Final Plot No 54 and Final Plot No 53
Building / societyWonder 7
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Commercial Property bank auction in LP Savani Road, Adajan & Pal, Surat by State Bank of India — reserve price ₹76,15,00,000, 6994.0 Sq Mts, Physical Possession possession.

Discover a prime bank auction property: a large commercial plot for sale by State Bank of India. Located at LP Savani Road, Adajan & Pal, Surat, this investment opportunity comprises Final Plot No 54 (5199 Sq Mts) and Final Plot No 53 (1795 Sq Mts) within TP Scheme 31, known as 'Wonder 7', totaling 6994 Sq Mts. The property comes with physical possession, offering immediate development potential. Ideal for businesses and investors, this commercial plot in Surat is offered at a reserve price of ₹76.15 Crore with an EMD of ₹7.615 Crore. The e-auction is scheduled for 26.06.2026. Contact the bank for more details on this valuable asset.

GeoSquare note: This large commercial plot at LP Savani Road, Adajan & Pal, Surat, offers significant investment appeal due to its prime location, substantial area (6994 Sq Mts), and physical possession status. While the reserve price is high, it aligns with the property's potential for commercial development in a growing area. This makes it a strong candidate for serious investors.

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