Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610293
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹8,11,000
EMD:₹81,100
Bid Increment:₹10,000
Auction Time:2:00 PM to 3:00 PM
Service Provider:BidDeal.in
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This is a bank auction of non-agricultural land located in Palsana, Surat, Gujarat. The property is offered by Tata Capital Housing Finance Ltd. This asset is categorized as residential and presents an opportunity for development or investment in a growing area. The land is situated in a key region of Gujarat, known for its industrial and residential growth.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:159, Mahadev Residency - 1, Plot No. 159area admeasuring 40.18 Sq. Mtrs., along with undivided share proportionate share in the underneath land of the building and all internal and external rights thereto of the premises/campus known as "MAHADEV RESIDENCY - 1", constructed on non-agricultural land for residential use bearing Revenue Survey No. 44, 45, 498, 498/5, 499/1, 499/2, 499/3, 499/4 and 499/6, Block No. 67/A, Situate at Moje Village: Bagumara, Taluka: Palsana, District: Surat of Gujarat. Bounded:- East: Adj. Plot No. 116, West: Adj. 7.50 Mtrs. Road, North: Adj. Plot No. 160, South: Adj. Plot No. 158, Bagumara, Palsana, Surat
Building/Society:Mahadev Residency - 1
Size:40.18 Sq. Mtrs.
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a non-agricultural land parcel in Palsana, Surat. The auction will take place on November 18, 2025, from 2:00 PM to 3:00 PM. The reserve price is INR 8,11,000, with an Earnest Money Deposit (EMD) of INR 81,100 required to participate. This is a public auction opportunity for interested buyers.
Borrower Name:Sunnandaben Bhikhanbhai Varsale
Auction Type:SARFAESI Auction
Guarantor Names:Bhikhanbhai Narayanbhai Varsale, Ajay Bhikhanbhai Varsale
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a non-agricultural land in a developing area of Surat, offered at a reasonable reserve price. While the location offers growth potential, the specific details of the land use and encumbrances warrant careful evaluation. This makes it a calculated opportunity suitable for investors with a good understanding of the local market.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Manish Bansal
Contact no:8588983696
