Plot for auction Palsana Surat 7 lakh Union Bank of India

Property for Auction in Palsana, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 5.8
Possession
Physical
Size
44.59 sq. mtr.
Reserve Price
6,90,000
Reserve Price
6,90,000
EMD Required
69,000
Property Specifications
Society/BuildingSAIDEEP RESIDENCY
Size44.59 sq. mtr.
Unit No.101
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Palsana, Surat
Auction Date IconAuction Date:
28-11-2025 12:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 5.8

Auction ID:614010

Bank Name:Union Bank of India

Branch Name:Regional Office : Surat

Reserve Price:6,90,000

EMD:69,000

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

Service Provider:BAANKNET

Important Dates

Submission Date:27-11-2025 05:00 PM

Bid Start Date:2025-11-28

Property Description

Discover a prime plot of land in Palsana, Surat, Gujarat, offered by Union Bank of India. This residential plot presents a fantastic investment opportunity in a developing area. Ideal for constructing your dream home or for future development, this property is being auctioned under the SARFAESI Act. The auction offers a transparent and direct way to acquire this valuable asset. Don't miss out on this chance to own a piece of Surat's growing landscape.

State:Gujarat

City:Surat

Area:Palsana

Asset Category:Residential

Full Address:101, SAIDEEP RESIDENCY, Plot No. 101, Saideep Residency, Block No 88/B, Village-Jolva, Sub district-Palsana, District Surat, Palsana, Surat

Building/Society:SAIDEEP RESIDENCY

Size:44.59 sq. mtr.

Auction Description

Union Bank of India presents a SARFAESI auction for a residential plot located in Palsana, Surat, Gujarat. The auction has a reserve price of ₹6,90,000 and requires an EMD of ₹69,000. The auction will be conducted online, starting on November 28, 2025, at 12:00 PM and concluding at 5:00 PM on the same day. This is a unique opportunity to bid on a property previously mortgaged by Mr. Arun Kumar Mataprasad Tiwari. Ensure you are registered and prepared to participate in this exciting auction event.

Borrower Name:Mr. Arun Kumar Mataprasad Tiwari

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Surendra Kumar Tripathi

Legal Details

Possession Status:Physical

Encumbrance Details:None

Why This Property

The property is a plot in Palsana, Surat, with a reasonable reserve price. The auction terms are standard, making it a calculated opportunity for local buyers. The location is not prime, thus affecting the final score.

Contact Details

Branch:Branch Office : Regional Office : Surat

Service Provider:BAANKNET

Contact Details:

Mr. Ramvtar Meena

Contact no:8827433132

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