Plot for auction Jokha Surat 27 lakh Bank of India

A prime residential plot located in the developing area of Palsana, Surat, Gujarat. This plot, owned by Mr. Vijaybhai Parshottambhai Vyas, presents a significant opportunity for development. Situated in a rapidly growing region, it offers potential for residential construction and investment. The property is being auctioned by the Bank of India under SARFAESI Act. Its location in Palsana, Surat, provides good connectivity and access to local amenities, making it an attractive prospect for builders and individual buyers looking to establish a presence in a thriving Gujarat locality.

This is a SARFAESI auction conducted by the Bank of India for a residential plot in Palsana, Surat, Gujarat. The property belonged to Mr. Vijaybhai Parshottambhai Vyas. The auction has a reserve price of ₹26,55,000 and requires an Earnest Money Deposit (EMD) of ₹2,65,500. The auction will take place on December 9, 2025, commencing at 12:00 PM and concluding at 05:00 PM on the same day. Interested bidders are advised to review all auction terms and conditions, and conduct their due diligence before participating in this unique opportunity to acquire a plot in a promising Gujarat location.

The plot in Palsana, Surat presents a decent opportunity given its location and size. The physical possession status adds confidence, while the reserve price necessitates careful market analysis. A calculated approach is advised for potential bidders.