House for Auction Kareli Surat 7 Lakh by Asset Reconstruction Company India Ltd Arcil
Kareli, Surat
Area: 51.33 sq. yards
Plot No.459, Arya Residency, Mouje Gam Kareli, Taluka Palsana, District Surat
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹7,04,000
EMD ₹70,400
Auction date
25 Sep 2026, 03:15 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 51.33 sq. yards
- ▸Locality: Kareli
- ▸Reserve: ₹7,04,000
- ▸EMD: ₹70,400
Auction snapshot
| Possession | Physical |
| Property type | House · Residential |
| Locality | Kareli |
| Built-up / plot area | 51.33 sq. yards |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | Plot No.459 |
| Building / society | Arya Residency |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
House bank auction in Kareli, Surat by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹7,04,000, 51.33 sq. yards, Physical possession.
Explore this bank auction property opportunity featuring a residential plot in Arya Residency, Kareli, Surat. This land, identified as Plot No. 459, covers an area of 51.33 sq. yards. Being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil), this property comes with physical possession, making it a reliable investment for those seeking land in the developing area of Palsana, Surat. The reserve price is set at ₹7.04 Lakh with an EMD of ₹70,400. This is an excellent opportunity for investors looking for affordable real estate in a residential scheme. The auction is scheduled for 25-09-2026. Interested bidders should conduct due diligence before the last date of submission. Don't miss this chance to acquire residential land through a transparent bank-led e-auction process.
GeoSquare note: The property is a well-defined residential plot in a plotted scheme, which is generally easier to manage and develop. With physical possession already with the bank and a very affordable entry price of ₹7.04 Lakh, it presents a low-risk, high-potential investment in the Surat district. The clear title and lack of encumbrances further bolster its appeal for retail investors.
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