Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613825
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹16,25,000
EMD:₹1,62,500
Auction Time:11 am to 5 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a residential plot located in the Palsana area of Surat, Gujarat. The property is being auctioned by the Bank of India under the SARFAESI Act. The plot offers a promising opportunity for residential development in a growing region. Detailed site inspection is recommended.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:46/1, Sahkar Park Vibhag-1, Plot No. 46/1 Sahkar Park Vibhag-1, Soyani Village Soyani, Tal. Palsana, District Surat with Survey No. 191,193,194 & 195/1, Block No. 217 & 225, Moje Soyani, Tal. Palsana, Dist. Surat, Soyani, Surat
Building/Society:Sahkar Park Vibhag-1
Size:62.57 Sq Mts
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential plot in Palsana, Surat. The auction will commence on December 9, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price is set at ₹16,25,000, with an Earnest Money Deposit (EMD) of ₹1,62,500 required to participate. This is a significant opportunity to acquire property in a developing area.
Borrower Name:Mr. Dilipsingh Kesharisingh Rajpurohit
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Madhuben Rajpurohit
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Palsana offers a decent investment opportunity given its location and size. The reserve price appears reasonable; however, potential buyers should thoroughly investigate the site and legal aspects before bidding. It is a 'Calculated Opportunity' suited for those with a moderate risk appetite.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:BAANKNET
Contact Details:
Contact no:9099063739
