Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611461
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹11,66,580
EMD:₹1,16,658
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:auctionfocus.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
A prime residential plot located in the rapidly developing area of Palsana, Surat, Gujarat. This plot, originally belonging to Mr/Mrs. Manoj K Patil, presents a unique investment opportunity in a sought-after location. The property is categorized as residential, making it ideal for building a dream home or for future development. Its strategic position in Surat offers excellent connectivity and potential for appreciation. Offered through a SARFAESI auction by Cholamandalam Investment And Finance Company Limited, this is a chance to acquire a valuable asset in a growing region.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:25, V.K.Park, P. No. 55-35 Room No. 5 Ratan Chowk Nr Omsai Medical, Choryasi, Gujarat 394210. Also At: Plot No. 25 V K Park Soc Tantithaiya Palsana Surat Sankigam Sankigam Choryasi-394315., Palsana, Surat
Building/Society:V.K.Park
Size:60.28 sq.mts
Auction Description
Cholamandalam Investment And Finance Company Limited presents a SARFAESI auction for a residential plot in Palsana, Surat, Gujarat. The reserve price for this valuable property is INR 11,66,580.00, with an Earnest Money Deposit (EMD) of INR 1,16,658.00 required to participate. The auction will be held on 20-11-2025, with bidding open from 02:00 PM to 04:00 PM. This is a significant opportunity for investors and individuals looking to own a plot in a developing urban area. Don't miss the chance to bid on this attractive property.
Borrower Name:Mr/Mrs. Manoj K Patil
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Rekha Manoj Patil
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Palsana offers a decent investment prospect with a reasonable reserve price. While the location is developing, potential investors should consider the terms of the auction and conduct thorough due diligence. This opportunity is best suited for those looking for land investment with a calculated risk.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:auctionfocus.in
Contact Details:
Sambhaji Patil
Contact no:9377583775
