Property for Auction in Palsana, Surat, Gujarat
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612182
Bank Name:Bank of India
Branch Name:ZONAL OFFICE: SURAT
Reserve Price:₹8,03,000
EMD:₹80,500
Auction Time:11 am to 5 pm
Service Provider:Public Auction
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Discover a prime residential plot in Palsana, Surat, Gujarat, brought to you by the Bank of India. This SARFAESI auction presents an excellent opportunity to acquire a valuable asset in a developing area. The plot is ideal for building your dream home or for investment purposes. Don't miss this chance to own a piece of Surat's growing landscape.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:47, Mahadev Nagar, Moje Tantithaiya bearing R. S. No. 295, Block No. 224, "Mahadev Nagar", plot No. 47, opp. Shlok Residency, Nr. Jogeshwar Mahadev Temple, Tantithaiya Village Road, Tantithaiya-394305, Tantithaiya, Surat
Building/Society:Mahadev Nagar
Size:36.74 sq ft
The Bank of India is conducting a SARFAESI auction for a residential plot located in Palsana, Surat. The bidding starts with a reserve price of INR 803,000.00, with an Earnest Money Deposit (EMD) of INR 80,500.00 required to participate. The auction will be held online on November 25, 2025, commencing at 11:00 AM and concluding at 5:00 PM. This is a fantastic opportunity for prospective buyers to acquire property through a transparent and efficient process.
Borrower Name:Mr. Dharamaram Paburam Kumavat
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Khemraj Dungarji Patel
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property, a residential plot in Palsana, Surat, presents a calculated opportunity. The reserve price is reasonable, and the location is developing. However, potential buyers should carefully assess the location and associated development costs.
Branch:Branch Office : ZONAL OFFICE: SURAT
Service Provider:Public Auction
Contact Details:
Contact no:9835896389