Plot for auction Palsana Surat 30 lakh Union Bank of India

Property for Auction in Palsana, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
134.09 Sq. Mtrs
Reserve Price
30,08,150
Reserve Price
30,08,150
EMD Required
3,00,815
Property Specifications
Society/BuildingShiv Darshan Residency
Size134.09 Sq. Mtrs
Unit No.42
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Palsana, Surat
Auction Date IconAuction Date:
11-12-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612121

Bank Name:Union Bank of India

Branch Name:ARB Surat

Reserve Price:30,08,150

EMD:3,00,815

Auction Time:12:00 NOON to 05:00 PM

Service Provider:ebkray

Important Dates

Submission Date:10-12-2025 05:00 PM

Bid Start Date:2025-12-11

Property Description

Prime plot of land situated in Palsana, Surat, Gujarat. This residential land parcel offers a great opportunity for development or investment in a rapidly growing area. The property is legally sound and ready for transfer. Located within the thriving district of Surat, this land is ideally positioned for future appreciation. Perfect for builders or individuals looking to own a piece of Gujarat's developing landscape.

State:Gujarat

City:Surat

Area:Palsana

Asset Category:Residential

Full Address:42, Shiv Darshan Residency, Village-Sanki, Taluka Palsana, District-Surat, Palsana, Surat

Building/Society:Shiv Darshan Residency

Size:134.09 Sq. Mtrs

Auction Description

Union Bank of India presents a SARFAESI auction for a valuable plot of land in Palsana, Surat. The auction will take place on 11-12-2025, commencing at 12:00 PM and concluding at 05:00 PM. The reserve price is set at ₹30,08,150, with an Earnest Money Deposit (EMD) of ₹3,00,815 required to participate. This is a significant opportunity to acquire land through a transparent bank auction process. Don't miss out on this chance to invest in Surat's real estate market.

Borrower Name:Mr. Gopallal Madhavial Sharma

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Satyanarayan V Teli

Legal Details

Possession Status:Symbolic

Encumbrance Details:None

Why This Property

The land plot in Palsana, Surat, presents a calculated opportunity due to its location and the ongoing development in the area. The reserve price seems reasonable, but potential investors should assess the local market conditions and growth prospects carefully. This symbolic possession property auction requires due diligence to ensure a sound investment.

Contact Details

Branch:Branch Office : ARB Surat

Service Provider:ebkray

Contact Details:

Rahul Kumar

Contact no:7859011911

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