Property for Auction in Palsana, Surat, Gujarat
Auction ID:567813
Bank Name:Union Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹5,70,00,000
EMD:₹57,00,000
Service Provider:BAANKNET
Submission Date:10-09-2025 05:00 PM
Bid Start Date:11-09-2025 12:00 PM
This is a prime plot of land located in Palsana, Surat, Gujarat, offered for auction by Union Bank of India. Situated in a developing area, this residential plot presents a significant opportunity for investment or development. The property is part of a SARFAESI auction, indicating a direct sale from the bank. Its location in Surat, a major commercial hub in Gujarat, adds to its strategic value.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a valuable plot in Palsana, Surat, Gujarat. The auction is scheduled for September 11, 2025, running from 12:00 PM to 5:00 PM. The reserve price for this property is ₹5,70,00,000, with an Earnest Money Deposit (EMD) of ₹57,00,000 required to participate. This is a unique chance to acquire a significant asset in a growing region directly from the bank.
Borrower Name:M/s. Beepee Enterprises Pvt. Ltd
Auction Type:SARFAESI Auction
Vikash Upadhyay-Mobie No : 7572002323