Land and Building for Auction Mota Borsara Surat 8.6 Crore by State Bank of India
Mota Borsara, Surat
Area: 4960 sq. mtrs
Plot No. 3 and Plot No. 4, Rev. S. No. 152/1, Block no. 120, village: Mota Borsara, Taluka: Mangrol
State Bank of India · Stressed Asset Recovery Branch - II
Reserve price
₹8,62,00,000
EMD ₹86,20,000
Auction date
17 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 4960 sq. mtrs
- ▸Locality: Mota Borsara
- ▸Reserve: ₹8,62,00,000
- ▸EMD: ₹86,20,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Mota Borsara |
| Built-up / plot area | 4960 sq. mtrs |
| Lender | State Bank of India |
| Branch | Stressed Asset Recovery Branch - II |
| Unit / flat no. | Plot No. 3 and Plot No. 4 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Mota Borsara, Surat by State Bank of India — reserve price ₹8,62,00,000, 4960 sq. mtrs, Physical possession.
Explore this prime industrial bank auction property located in Mota Borsara, Mangrol, Surat. This asset features a large land parcel of 4960 sq. meters with an existing construction of 5808 sq. meters, ideal for industrial or commercial development. Being sold by the State Bank of India, this property presents a significant investment opportunity in a key growth district of Gujarat. Interested buyers can participate in the e-auction scheduled for 17.09.2026. The property is offered on an 'As is where is' and 'As is what is' basis. With a reserve price of ₹8.62 Crores, this commercial asset is strategically located for business operations. Ensure you complete your due diligence and review all terms and conditions before the auction date to secure this valuable real estate investment.
GeoSquare note: The property offers a significant land area of 4960 sq. meters with substantial built-up space in an industrial-friendly zone in Surat. With physical possession taken by the bank, the transaction security is high. It is a strong investment choice for industrial players looking to establish or expand operations in the Gujarat region.
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