Plot for Auction Vanakala Surat 84 Lakh by Asset Reconstruction Company India Ltd Arcil 358932

Quick read

• ▸Possession: Physical
• ▸Area: 2156.0 sq. ft.
• ▸Locality: Vanakala
• ▸Reserve: ₹84,00,000
• ▸EMD: ₹8,40,000

About this property

Plot bank auction in Vanakala, Surat by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹84,00,000, 2156.0 sq. ft., Physical possession.

Invest in a prime bank auction residential plot, Plot No 44, located in the well-regarded Shashank Residency, Vanakala, Surat. This property, available with physical possession through Asset Reconstruction Company (India) Ltd. (Arcil), features a total area of 2156 sq. ft., including both land and existing building structures. Its strategic location near Vaishnodevi Township in Surat makes it an attractive opportunity. The e-auction is scheduled for August 26, 2026, with a competitive reserve price of ₹8,400,000 and an EMD of ₹840,000. This transparent e-auction offers a solid chance to acquire a residential property in a growing area, ideal for prospective homeowners or investors seeking bank auction properties.

GeoSquare note: This property is rated as a 'Strong Buy' with a score of 4.0 due to its highly favorable 'Physical' possession status, ensuring a smoother transaction for the buyer. It's a residential plot located in Shashank Residency, Vanakala, Surat, which is a desirable area. The reserve price of ₹8,400,000 appears reasonable for a property of this size and type. While bidders are advised to verify municipal tax and maintenance dues, the overall appeal and clear possession make this an attractive investment.