Plot for Auction Palanpur Surat 8.1 Lakh by Iifl Finance
Palanpur, Surat
Area: 600.00 sq. ft.
Property no. 529/1, Palanpur, Gujarat 385001
IIFL Finance · Regd Office
Reserve price
₹8,09,000
EMD ₹80,900
Auction date
09 Oct 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 600.00 sq. ft.
- ▸Locality: Palanpur
- ▸Reserve: ₹8,09,000
- ▸EMD: ₹80,900
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Palanpur |
| Built-up / plot area | 600.00 sq. ft. |
| Lender | IIFL Finance |
| Branch | Regd Office |
| Unit / flat no. | 529/1 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in Palanpur, Surat by IIFL Finance — reserve price ₹8,09,000, 600.00 sq. ft., Physical possession.
Participate in this bank auction property event to acquire a residential plot located in Palanpur, Surat. Offered by IIFL Finance, this property (No. 529/1) spans approximately 600 sq. ft. and is available under the SARFAESI Act. This plot presents a significant opportunity for investors looking for land in Gujarat at an attractive reserve price of ₹8,09,000. With physical possession taken by the bank, this auction is a secure prospect for prospective buyers. Ensure your EMD is submitted by 07-10-2026 to participate in the e-auction scheduled for 10-09-2026. Do not miss this chance to invest in a prime real estate asset in Palanpur through a transparent bank-led process.
GeoSquare note: This property is a strong buy due to its low entry price and the bank having taken physical possession, which simplifies the acquisition process. Located in the developing region of Palanpur, it offers good value for a 600 sq. ft. plot, making it suitable for residential investment.
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