Plot for auction Jolwa Surat 6 lakh Punjab National Bank

Property for Auction in Palsana, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
46.66 sq. yard
Reserve Price
6,08,000
Reserve Price
6,08,000
EMD Required
60,800
Property Specifications
Society/BuildingAradhna Dream Vibhag-1
Size46.66 sq. yard
Unit No.432
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Palsana, Surat
Auction Date IconAuction Date:
05-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612701

Bank Name:Punjab National Bank

Branch Name:Surat Main

Reserve Price:6,08,000

EMD:60,800

Bid Increment:0.608

Auction Time:11.00 AM to 4.00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2024-04-03

Bid Start Date:2025-12-05

Property Description

This is a valuable plot of land located in the developing area of Palsana, Surat, Gujarat. It is being auctioned by Punjab National Bank under SARFAESI rules. The property is categorized as residential and presents a great opportunity for investment or development in a growing region. Don't miss this chance to acquire a plot in a prime location.

State:Gujarat

City:Surat

Area:Palsana

Asset Category:Residential

Full Address:432, Aradhna Dream Vibhag-1, Plot No. 432, after KJP Block No. 159/432/A at Aradhna Dream Vibhag-1, situated on the land bearing New Block No. 159 (Block Nos. 159 and 162) of Village Jolwa, Sub-District Palsana, Jolwa, Surat

Building/Society:Aradhna Dream Vibhag-1

Size:46.66 sq. yard

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a residential plot in Palsana, Surat. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this plot is INR 6,08,000, with an Earnest Money Deposit (EMD) of INR 60,800. This is a fantastic opportunity to bid on a property under the authority of Punjab National Bank.

Borrower Name:Mr.Dhanjibhai Chanabhai Khania

Auction Type:SARFAESI Auction

Guarantor Names:Mr.Rameshbhai Chanabhai Khania

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known

Why This Property

The plot in Palsana offers potential for development, with a reasonable reserve price. However, further due diligence is recommended due to the limited information provided. It's a calculated risk with potential for appreciation.

Contact Details

Branch:Branch Office : Surat Main

Service Provider:BAANKNET

Contact Details:

Contact no: —

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