Property for Auction in Mota Varachha, Surat, Gujarat
Auction ID:587787
Bank Name:Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹24,30,000
EMD:₹2,43,000
Service Provider:BAANKNET
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 11:00 AM
This is a prime land parcel located in the developing area of Mota Varachha, Surat, Gujarat. Classified under the residential asset category, this land presents a significant opportunity for real estate development or investment in a rapidly growing urban center. The property is being auctioned by the Bank of India under SARFAESI regulations, offering a clear title for potential buyers.
State:Gujarat
City:Surat
Area:Mota Varachha
Asset Category:Residential
Bank of India presents a SARFAESI auction for a land parcel in Mota Varachha, Surat, Gujarat. The auction for this residential land, formerly associated with M/s Om Shanti Textiles, will commence on October 30, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at ₹24,30,000, with an Earnest Money Deposit (EMD) of ₹2,43,000 required to participate. This is a unique opportunity to acquire a valuable asset in Surat's expanding real estate market.
Borrower Name:M/s Om Shanti Textiles
Auction Type:SARFAESI Auction
Contact Number : 9924869768