Plot for auction 160 Divine Residency, Pune by BOI

Discover a promising residential plot, designated as Plot No. 160, situated within the Divine Residency in the developing locale of Mangrol, Surat, Gujarat. Positioned conveniently on Utiyadara Road and in close proximity to the well-regarded Divine Child International School, this plot offers excellent accessibility and is part of a community with burgeoning potential. The property encompasses an area of 480 square feet, providing a versatile canvas for constructing a dream home or undertaking a strategic real estate investment. Mangrol, being part of the Surat district, benefits from the region's economic vitality and infrastructure development. This asset, classified under the residential category, represents a solid opportunity for individuals or families looking to establish a presence in a growing urban periphery. The Union Bank of India is facilitating this sale, highlighting its commitment to resolving assets through efficient channels. The strategic location, combined with the manageable plot size, makes this a particularly attractive proposition for first-time property buyers and seasoned investors alike, seeking value in the Gujarat real estate market.

This auction presents a compelling opportunity to acquire a residential plot located in Mangrol, Surat, Gujarat. The property, identified as Plot No. 160 within the Divine Residency, benefits from a strategic position near the Divine Child International School on Utiyadara Road. This area is experiencing growth and offers potential for future appreciation. The plot spans 480 square feet, making it suitable for a variety of development plans, whether for personal residence or investment. As a SARFAESI auction conducted by the Union Bank of India, this sale follows a defined legal framework, offering a transparent process for potential buyers. The auction is scheduled to commence on July 30, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. Prospective bidders are required to submit their applications by July 29, 2025, at 5:00 PM. The reserve price is set at INR 5,94,900, with an Earnest Money Deposit (EMD) of INR 59,490, indicating a serious commitment to the sale. For further inquiries, interested parties can contact Shree Jayesh Chaudhary at 9763575150.