Agricultural Land SARFAESI Auction

33,059 sq m Agricultural Land for Auction in Village Kareli, Surat – Assets Care And Reconstruction Enterprise Limited

Village Kareli, Surat, Gujarat · Auction ID #110608

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Reserve Price ₹5,17,000
EMD (Earnest Money)₹51,700
Bid Increment₹5,000
Auction Date 27 Nov 2026, 02:30 PM In 13 days
EMD Last Date 26 Nov 2026, 04:00 PM In 12 days
Area33,059 sq m
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Property Details

Property type
Agricultural Land (Land & Agricultural)
Possession
Not specified
Area
33,059 sq m (≈ 3,55,843 sq ft)
Reserve price / sq ft
₹1
Locality
Village Kareli
City
Surat
State
Gujarat

Description (as per sale notice)

ALL THAT PIECE AND PARCEL OF IMMOVABLE PROPERTY SITUATED AT DISTRICT SURAT, SUB-DISTRICT AND TALUKA PALSANA, MOJE VILLAGE KARELI, BEARING ACCOUNT NO. 1149, REVENUE SURVEY NOS. 352, 353 AND 354, BLOCK NO. 369, FORMING PART OF THE NON-AGRICULTURAL RESIDENTIAL LAND ADMEASURING HECTARE-ARE-SQ. MTRS. 3-30-59 (33,059 SQ. MTRS.), KNOWN AS “RAHI TOWNSHIP DIVISION-1”. OUT OF THE PLOTS CARVED OUT FOR RESIDENTIAL PURPOSES IN THE SAID SCHEME, PLOT NO. 290, WHICH UPON K.J.P. IS KNOWN AS BLOCK NO. 369/290, ADMEASURING 53.35 SQ. MTRS., COMPRISING 44.91 SQ. MTRS. OF OPEN LAND, TOGETHER WITH 23.55 SQ. MTRS. UNDIVIDED PROPORTIONATE SHARE IN ROAD/C.O.P. LAND, ALONG WITH ALL EASEMENTARY, INTERNAL AND EXTERNAL RIGHTS APPURTENANT THERETO. THE SAID PROPERTY IS BOUNDED AS UNDER: EAST BY PLOT NO. 269, WEST BY SOCIETY ROAD, NORTH BY PLOT NO. 289 AND SOUTH BY PLOT NO. 291.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Raju V*****
Auction start
27 Nov 2026, 02:30 PM
Auction end
27 Nov 2026, 03:30 PM
EMD submission deadline
26 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
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Price Check

This listing's reserve price works out to ₹1 per sq ft. The average across land & agricultural bank auctions in Surat on our site is ₹2,096 per sq ft, so this one is 100% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹51,700 before 26 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 27 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Assets Care And Reconstruction Enterprise Limited. Always verify every detail with the official notice and the authorised officer before paying any money.

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