Plot for Auction Olpad Surat 9.7 Lakh by Iifl Finance
Olpad, Surat
Area: 432.00 sq. ft.
Plot No. 118, Mahek Residency 2, Vraj Vihar, Olpad, Surat, Gujarat - 394130
IIFL Finance · Regd Office
Reserve price
₹9,65,000
EMD ₹96,500
Auction date
05 Oct 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 432.00 sq. ft.
- ▸Locality: Olpad
- ▸Reserve: ₹9,65,000
- ▸EMD: ₹96,500
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Olpad |
| Built-up / plot area | 432.00 sq. ft. |
| Lender | IIFL Finance |
| Branch | Regd Office |
| Unit / flat no. | Plot No. 118 |
| Building / society | Mahek Residency 2 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in Olpad, Surat by IIFL Finance — reserve price ₹9,65,000, 432.00 sq. ft., Physical possession.
Explore this exclusive bank auction property in Olpad, Surat. This residential plot, located in the well-known Mahek Residency 2, offers a prime opportunity for investors and homebuyers. With a total area of 432 sq. ft., this plot is strategically situated in Vraj Vihar, Olpad, providing great accessibility within the city. The property is being auctioned by IIFL Finance with a highly competitive reserve price of ₹9,65,000 and an EMD of ₹96,500. This bank auction property is an ideal choice for those looking for affordable land in a developing locality. Don't miss this chance to secure a valuable asset in Surat. Participate in the e-auction process by submitting your application before the last date. Contact IIFL Finance for further details regarding this land for sale in Olpad.
GeoSquare note: This property is a strong buy due to its affordable reserve price and established residential location in Olpad, Surat. The physical possession status provides added security for the buyer, reducing legal risks commonly associated with bank auctions. It serves as an excellent entry-level investment for those looking for residential land in a growing urban corridor.
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