Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613831
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹8,08,000
EMD:₹81,000
Auction Time:11 am to 5 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
A valuable residential plot located in the growing area of Palsana, Surat, Gujarat. This plot is being auctioned by the Bank of India. It is an ideal opportunity for real estate investment or development in a promising region. The property is situated in a well-connected locality, offering potential for future appreciation.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:259, Uma Vihar Bungalows, Moje Dastan bearing R. S. No. 25, Block No. 31, "Uma Vihar Bungalows", plot No. 259, Nr. DGVCL Powergrid & Dastan Fatak, Dastan-394310, Dastan, Surat
Building/Society:Uma Vihar Bungalows
Auction Description
This is a SARFAESI auction conducted by the Bank of India for a residential plot in Palsana, Surat. The auction will take place on December 9, 2025, starting at 12:00 PM and concluding at 5:00 PM. The reserve price is ₹8,08,000, with an Earnest Money Deposit (EMD) of ₹81,000. This presents a direct opportunity to acquire property through a bank auction.
Borrower Name:Mr. Harendr Malaiya Vemula
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vikram Balram Patra
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot located in Palsana, Surat, offered at a reasonable reserve price. While the location is developing, the physical possession and clear title make it a worthwhile investment. It's a calculated opportunity due to the price point and potential for future appreciation.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:9913337034
