Flat for Auction Vareli Surat 5.8 Lakh by Bank of India
Vareli, Surat
Area: 60.41 sq. mtrs
Shree Radhapuram Residency, Building No. 1, 5th Floor, Flat No. 503, Vareli, Tal- Palsana, Surat-394325
Bank of India · ZONAL OFFICE: SURAT
Reserve price
₹5,75,000
EMD ₹57,500
Auction date
25 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 60.41 sq. mtrs
- ▸Locality: Vareli
- ▸Reserve: ₹5,75,000
- ▸EMD: ₹57,500
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Vareli |
| Built-up / plot area | 60.41 sq. mtrs |
| Lender | Bank of India |
| Branch | ZONAL OFFICE: SURAT |
| Unit / flat no. | Flat No. 503 |
| Building / society | Shree Radhapuram Residency |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Vareli, Surat by Bank of India — reserve price ₹5,75,000, 60.41 sq. mtrs, Symbolic possession.
Participate in the upcoming Bank of India e-auction for a residential property located in Vareli, Surat. This bank auction property is a 60.41 sq. mtrs flat situated on the 5th floor of Shree Radhapuram Residency. Ideally located near Enjoy Industrial Estate and Sukh Nandan Residency, this flat offers a great opportunity for homebuyers and investors looking for affordable residential real estate in the Palsana area. The property is being sold on an 'AS IS WHERE IS' and 'AS IS WHAT IS' basis. Interested bidders can participate in the online auction scheduled for 25th September 2026. Don't miss this chance to acquire a residential flat in a developing locality of Surat at a competitive reserve price. Ensure you complete all due diligence and adhere to the bank's submission guidelines before the auction date.
GeoSquare note: The property is highly affordable given its location in the Vareli industrial corridor, making it a decent entry-level investment. However, the 'Symbolic' possession status and the fact that it is an older auction listing warrant caution. Prospective buyers should perform a thorough title search and physical inspection to mitigate risks.
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