Representative illustration — Plot bank auction in Jolva Village, Palsana
Representative illustration — not the actual property photograph.
Plot Residential Constructive possession Fair Option

Plot for Auction Jolva Village Palsana Surat 10.1 Lakh by Tamilnad Mercantile Bank Limited

Jolva Village, Palsana, Surat

Area: 648.00 sq. ft.

Saideep Residency, Residential Plot No.661, Block No.88/B, Jolva Village, Tal:Palsana, Dist:Surat, Gujarat

Tamilnad Mercantile Bank Limited · SACHIN BRANCH

Reserve price

₹10,08,000

EMD ₹1,00,800

Auction date

01 Oct 2026, 12:30 PM

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Quick read

  • Possession: Constructive
  • Area: 648.00 sq. ft.
  • Locality: Jolva Village, Palsana
  • Reserve: ₹10,08,000
  • EMD: ₹1,00,800

Auction snapshot

PossessionConstructive
Property typePlot · Residential
LocalityJolva Village, Palsana
Built-up / plot area648.00 sq. ft.
LenderTamilnad Mercantile Bank Limited
BranchSACHIN BRANCH
Unit / flat no.Plot No. 661
Building / societySaideep Residency
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Plot bank auction in Jolva Village, Palsana, Surat by Tamilnad Mercantile Bank Limited — reserve price ₹10,08,000, 648.00 sq. ft., Constructive possession.

Explore this bank auction property located in Saideep Residency, Jolva Village, Palsana, Surat. This residential plot, bearing Plot No. 661, spans an area of 648 sq. ft. and includes a residential row house structure. Being sold by Tamilnad Mercantile Bank Limited, this property represents a significant opportunity for investors looking for affordable residential real estate in the Surat district. The auction is scheduled for 01-10-2026. Interested bidders can participate in this bank auction to acquire this plot with clear title interests as per the bank's records. With a competitive reserve price of ₹10,08,000, this listing is ideal for those seeking residential land in a developing locality. Ensure all documents are verified before the auction date.

GeoSquare note: The property offers an entry-level investment opportunity in the growing Palsana region of Surat at a competitive reserve price. While the location is residential, the 'constructive' possession status and row-house nature warrant due diligence regarding physical occupancy. It serves as a decent acquisition for long-term land value appreciation.

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