Plot for auction Kareli Surat 19 lakh Bank of India

A valuable residential plot located in the developing area of Palsana, Surat, Gujarat. This property is being auctioned by the Bank of India under the SARFAESI Act. The plot offers a great opportunity for investment or development in a growing region. Situated in Surat, a major commercial hub, the location provides accessibility and potential for future appreciation. Ideal for buyers looking to secure land in a prime Gujarat locale.

The Bank of India is conducting a SARFAESI auction for a residential plot in Palsana, Surat. The auction will take place on December 9, 2025, with bidding open from 12:00 PM to 5:00 PM. The reserve price is set at ₹18,55,000, and the Earnest Money Deposit (EMD) required is ₹1,86,000. This is a direct opportunity to acquire property owned by Mrs. SUMAN RAMASARE PAL. Interested parties are encouraged to review all auction terms and conditions before participating.

The property is a plot of land in Palsana, Surat, offered at a reasonable reserve price. While not a prime location, the physical possession and affordable entry cost make it a calculated opportunity for local investors or end-users. Further due diligence is advised.