Shop for auction Rander Surat 21 lakh Punjab National Bank

This is a residential plot located in the Rander area of Surat, Gujarat. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It is an excellent opportunity for investors or individuals looking to build their dream home in a developing locality. The plot offers a good location within Surat, providing potential for future appreciation. This is a straightforward plot offering, ideal for those seeking land for development.

Punjab National Bank is conducting a SARFAESI auction for a residential plot in Rander, Surat. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this property is ₹20,83,000, with an Earnest Money Deposit (EMD) of ₹2,09,000 required to participate. This is a single-day online auction event. Interested bidders are advised to complete their due diligence prior to the auction date.

This commercial shop in Rander, Surat presents a reasonable opportunity given its location and the growing commercial activity in the area. The reserve price is moderate, but potential investors should carefully assess the market conditions and the shop's specific location within Welcome Tower. It's a calculated risk with potential for appreciation.