Plot for Auction Kareli Surat 6.4 Lakh by Indian Bank
Kareli, Surat
Area: 40.13 sq. mtrs
Plot No. 313, Rashi Residency, Revenue Survey No. 115, Village Kareli, Sub District Palsana, District Surat
Indian Bank · Zonal Office : Surat
Reserve price
₹6,38,000
EMD ₹63,800
Auction date
07 Sep 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 40.13 sq. mtrs
- ▸Locality: Kareli
- ▸Reserve: ₹6,38,000
- ▸EMD: ₹63,800
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Kareli |
| Built-up / plot area | 40.13 sq. mtrs |
| Lender | Indian Bank |
| Branch | Zonal Office : Surat |
| Unit / flat no. | Plot No. 313 |
| Building / society | Rashi Residency |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Kareli, Surat by Indian Bank — reserve price ₹6,38,000, 40.13 sq. mtrs, Physical possession.
Invest in a prime residential plot located at Rashi Residency, Kareli, Surat. This bank auction property offers a great opportunity for buyers looking to acquire land in the growing Palsana region. The plot spans approximately 40.13 sq. mtrs (as per sanction plan) with additional proportionate common share. The property is conveniently located with defined boundaries including internal society roads. With a reserve price of ₹6,38,000, this is a highly affordable investment option for residential development. The auction is being conducted by Indian Bank. Interested bidders must complete the EMD process before the auction date of September 7th, 2024. Don't miss this chance to secure a property through a transparent bank sale process in Surat's emerging real estate market.
GeoSquare note: The property is listed with 'Physical' possession, which significantly reduces legal risks for the buyer. Its location in a developed residential layout (Rashi Residency) combined with an attractive reserve price makes it a strong investment opportunity for small-scale residential purposes.
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