Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612758
Bank Name:Indian Bank
Branch Name:Zonal Office : Surat
Reserve Price:₹10,14,600
EMD:₹1,01,460
Bid Increment:₹10,000
Auction Time:10:00 AM to 5:00 PM
Service Provider:ebkray
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
Prime residential plot located in the well-developed area of Kareli, Surat, Gujarat. This asset, part of a SARFAESI auction by Indian Bank, offers a significant opportunity for prospective buyers. Situated in a developing locality, the plot provides a canvas for building your dream home or a valuable investment. The property is offered by Indian Bank, with a reserve price of INR 10,14,600 and an EMD of INR 1,01,460. This is a direct sale opportunity for a plot in Surat.
State:Gujarat
City:Surat
Area:Kareli
Asset Category:Residential
Full Address:73, Shree Krishna Velly, B/s Rudraksh Residency, Nr. Shivdhara Residency, Kareli Village Road, Village Kareli, Sub Distt. Palsana, Distt. Surat, Gujarat - 394310, Kareli, Surat
Building/Society:Shree Krishna Velly
Size:68.62 sq.mtrs
Auction Description
Indian Bank presents a SARFAESI auction for a valuable residential plot in Kareli, Surat, Gujarat. The auction will commence on November 26, 2025, at 10:00 AM and conclude at 5:00 PM on the same day. The reserve price for this plot is set at INR 10,14,600, with an Earnest Money Deposit (EMD) of INR 1,01,460. This is a unique chance to acquire property directly through a bank auction. The auction is being conducted under the SARFAESI Act.
Borrower Name:Mr. Sureshkumar Chhoturam Saini
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Kareli, Surat, presents a calculated opportunity due to its residential location and reasonable reserve price. While the price is attractive, potential investors should conduct a thorough due diligence. The auction terms and location make it a feasible option for those seeking land investment in the area.
Contact Details
Branch:Branch Office : Zonal Office : Surat
Service Provider:ebkray
Contact Details:
Mr. Jai Karan Singh
Contact no:9004191027
