Factory Land and Building for Auction Baleshwar Palsana Surat 12.2 Crore by State Bank of India
Baleshwar, Palsana, Surat
Area: 8331.20 sq. mtrs
Textile Park of Gujarat Eco Textile Park Limited, Old Survey No. 186 and 187, Revised Block No. 181/B, Village-Baleshwar, Taluka Palsana, District Surat-394317
State Bank of India · Stressed Assets Management Branch, Ahmedabad
Reserve price
₹12,20,00,000
EMD ₹1,22,00,000
Auction date
28 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 8331.20 sq. mtrs
- ▸Locality: Baleshwar, Palsana
- ▸Reserve: ₹12,20,00,000
- ▸EMD: ₹1,22,00,000
Auction snapshot
| Possession | Physical |
| Property type | Factory land and Building · Industrials |
| Locality | Baleshwar, Palsana |
| Built-up / plot area | 8331.20 sq. mtrs |
| Lender | State Bank of India |
| Branch | Stressed Assets Management Branch, Ahmedabad |
| Unit / flat no. | Plot No. A and Plot No. B |
| Building / society | Gujarat Eco Textile Park Limited |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Factory land and Building bank auction in Baleshwar, Palsana, Surat by State Bank of India — reserve price ₹12,20,00,000, 8331.20 sq. mtrs, Physical possession.
Participate in the bank auction property sale featuring a significant industrial asset in Palsana, Surat. This factory land and building, totaling 8331.20 sq. mtrs, is located within the prime Gujarat Eco Textile Park. With physical possession taken by the State Bank of India, this commercial property offers a strategic investment opportunity for industrial ventures. The auction includes Plot No. A and Plot No. B, held under leasehold rights in a well-established textile industrial zone. Interested bidders can participate in the e-auction scheduled for 28-09-2026. This is a rare opportunity to acquire a large-scale industrial plot in a thriving district of Gujarat. Ensure to conduct independent due diligence regarding encumbrances before bidding on this industrial land for sale.
GeoSquare note: The property holds high potential due to its location within a dedicated textile industrial park in Surat, an active industrial hub. With physical possession already held by the bank, the legal risk is reduced compared to symbolic possession cases. The large land area provides significant utility for industrial operations, making it a strong buy for investors or manufacturers.
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