Plot for auction 59 Divine Residency, Pune by BOI

This exceptional residential plot, identified as Plot No. 59 within the well-regarded Divine Residency, presents a prime opportunity for aspiring homeowners or astute investors in the burgeoning real estate market of Surat, Gujarat. Strategically situated in the Mangrol area, specifically in Hathuran, this valuable parcel benefits from its enviable location near the reputable Divine Child International School, making it highly attractive for families. Direct access via Utiyadara Road further enhances its appeal, ensuring convenient connectivity and promising significant potential for future appreciation. The property's address, Taluka-Mangrol, Dist-Surat 394120, places it within a developing sub-urban enclave poised for substantial growth. As a vacant plot, it offers immense flexibility for new buyers to construct a bespoke residence perfectly tailored to their exact specifications, making it an ideal canvas for a dream home. Its residential zoning and strategic position provide a solid foundation for a valuable long-term asset, promising a desirable blend of tranquil living and accessible urban amenities within Surat's expanding limits.

Prospective buyers keen on acquiring this valuable residential plot via a bank auction should be aware of the key procedural details. This SARFAESI Auction, conducted by Union Bank of India through their Regional Office and facilitated by BAANKNET, represents a transparent and legally robust method for asset acquisition. The Reserve Price is set at a competitive 511,000.00, with an Earnest Money Deposit (EMD) of 51,100.00 required for participation, which will be adjusted against the final bid for successful bidders. The auction is scheduled for March 11, 2025, commencing at 12:00 PM and concluding at 05:00 PM. It is imperative that all applications and necessary documentation be submitted by 05:00 PM on March 10, 2025, to ensure eligibility. For any specific queries or to schedule a property visit, interested parties are strongly advised to contact Shri Jayesh Chaudhary at 9763575150 well in advance. Thorough due diligence, including legal verification and physical inspection, is highly recommended before participation to make an informed decision.