Shop for Auction Vareli Surat 10 Lakh by India Sme Asset Reconstruction Company Isarc
Vareli, Surat
Area: 293 sq. ft.
Shop No. 9, 1st Floor, Sai Plaza, Shanti Nagar Society, Revenue Survey No. 17, Block No. 88/A-1, Moje Village Vareli, Ta: Palsana, Dist: Surat
India SME Asset Reconstruction Company (ISARC) · Mumbai
Reserve price
₹10,00,000
EMD ₹1,00,000
Auction date
09 Oct 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 293 sq. ft.
- ▸Locality: Vareli
- ▸Reserve: ₹10,00,000
- ▸EMD: ₹1,00,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Vareli |
| Built-up / plot area | 293 sq. ft. |
| Lender | India SME Asset Reconstruction Company (ISARC) |
| Branch | Mumbai |
| Unit / flat no. | Shop No. 9 |
| Building / society | Sai Plaza of Shanti Nagar Society |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Service provider | bankeauctions.com / C1 India |
About this property
Commercial Shop bank auction in Vareli, Surat by India SME Asset Reconstruction Company (ISARC) — reserve price ₹10,00,000, 293 sq. ft., Physical possession.
Explore this prime commercial shop for sale via bank auction in Vareli, Palsana, Surat. Located in the well-known 'Sai Plaza of Shanti Nagar Society', this shop on the 1st floor offers a super built-up area of 293 sq. ft. This bank auction property presents an excellent investment opportunity for business owners or investors looking for commercial assets in the Surat district. The auction is conducted by India SME Asset Reconstruction Company (ISARC) on an 'As is where is' basis. With a reserve price of ₹10,00,000 and the benefit of physical possession by the bank, this deal is highly transparent. Ensure to submit your EMD by 8th October 2026 to participate in the e-auction scheduled for 9th October 2026. Do not miss this chance to acquire property in a developing commercial hub.
GeoSquare note: The property is a strong investment due to it being a commercial unit in an established society with physical possession already secured by the bank. The low reserve price of ₹10 Lakhs provides a significant entry advantage in the developing Vareli-Palsana region.
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