Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610179
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Regional Office : Mumbai
Reserve Price:₹7,50,000
EMD:₹75,000
Auction Time:11:00 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:01-12-2025 05:00 PM
Bid Start Date:2025-12-02
Property Description
This offering features a valuable plot of land located in Palsana, Surat, Gujarat. Ideal for residential development, this asset is part of a SARFAESI auction conducted by Edelweiss Asset Reconstruction Company Limited. The property presents a compelling opportunity for investors and developers looking to acquire land in a growing region.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:217, Shubh Villa, R S No 258/2, 258/1, Block No 318, 319, Plot No 217, Shubh Villa, Constructed on Land Situated At Moje: Sanki, Tal: Palsana, Dist: Surat Adm, Palsana, Surat
Building/Society:Shubh Villa
Size:283 sq.ft.
Auction Description
Edelweiss Asset Reconstruction Company Limited is holding a SARFAESI auction for a residential plot in Palsana, Surat, Gujarat. The auction will commence on December 2, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this plot is INR 7,50,000, with an Earnest Money Deposit (EMD) of INR 75,000 required to participate. This is a prime opportunity to acquire a plot in Surat.
Borrower Name:KAVITA PANDAY
Auction Type:SARFAESI Auction
Guarantor Names:PANDAY RAMKUMARS
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Palsana, Surat, offered at a reasonable reserve price. While the location is not a prime metropolitan area, the auction terms are standard, making it a calculated opportunity for local investors or those familiar with the region. Further due diligence regarding local market conditions is recommended.
Contact Details
Branch:Branch Office : Regional Office : Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
