Representative illustration — Plot bank auction in Sivan, Olpad
Representative illustration — not the actual property photograph.
Plot Residential Physical possession Strong Buy

Plot for Auction Sivan Olpad Surat 4.9 Lakh by Asset Reconstruction Company India Ltd Arcil

Sivan, Olpad, Surat

Area: 65.94 sq. mtrs

Plot no. 155, Mahek Residency-2, Block No. 285, Moje Village Sivan, Ta: Olpad, Dist: Surat

Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai

Reserve price

₹4,85,775

EMD ₹48,577

Auction date

16 Oct 2026, 01:00 PM

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Quick read

  • Possession: Physical
  • Area: 65.94 sq. mtrs
  • Locality: Sivan, Olpad
  • Reserve: ₹4,85,775
  • EMD: ₹48,577

Auction snapshot

PossessionPhysical
Property typePlot · Residential
LocalitySivan, Olpad
Built-up / plot area65.94 sq. mtrs
LenderAsset Reconstruction Company (India) Ltd. (Arcil)
BranchDadar West, Mumbai
Unit / flat no.Plot no. 155
Building / societyMahek Residency-2
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Plot bank auction in Sivan, Olpad, Surat by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹4,85,775, 65.94 sq. mtrs, Physical possession.

Explore this bank auction property located in the prime residential area of Mahek Residency-2, Olpad, Surat. This plot, admeasuring 65.94 sq. mtrs (comprising a 48.06 sq. yard plot and undivided share), is available for bidding through Asset Reconstruction Company (India) Ltd. (Arcil). Ideal for residential investment, this land is situated in a well-connected locality in Surat. The property is currently under physical possession by the bank. Interested buyers can participate in this e-auction to secure a valuable piece of land at a competitive reserve price of ₹4,85,775. Don't miss this opportunity to invest in a clear-titled land parcel in a developing region of Gujarat. Visit the Arcil portal for detailed terms and condition regarding this bank auction.

GeoSquare note: The property is a residential plot in a well-defined society with physical possession held by the bank, which minimizes legal risks. Its low reserve price makes it an attractive entry-level investment for buyers in the Surat region.

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