Property for Auction in Palsana, Surat, Gujarat
Auction ID:545994
Bank Name:Bank of India
Branch Name:ASSET RECOVERY BRANCH- SURAT
Reserve Price:₹4,09,00,000
EMD:₹40,90,000
Service Provider:BAANKNET
Submission Date:07-08-2025 05:00 PM
Bid Start Date:08-08-2025 11:00 AM
This offering is a residential plot located in the accessible area of Palsana, Surat, within the vibrant state of Gujarat. As part of a SARFAESI auction conducted by the Bank of India, this plot represents a unique acquisition opportunity. Situated in a region known for its growth and development potential, the property is ideally suited for residential development or investment. The clear title and desirable location make it a sought-after property in the Surat real estate market.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Bank of India presents a SARFAESI auction for a valuable plot of land in Palsana, Surat, Gujarat. This is a prime opportunity for investors and developers. The property is associated with M/s Bhairav Industries. The auction will commence on August 8, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at ₹4,09,00,000, with an Earnest Money Deposit (EMD) of ₹40,90,000 required to participate. Don't miss this chance to acquire a significant asset in a developing region.
Borrower Name:M/s Bhairav Industries
Auction Type:SARFAESI Auction
Contact Number:9924869768