Residential Plot SARFAESI Auction

46 sq m Residential Plot for Auction in Kareli, Surat – Assets Care And Reconstruction Enterprise Limited

Kareli, Surat, Gujarat · Auction ID #110622

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Reserve Price ₹4,76,000
EMD (Earnest Money)₹47,600
Bid Increment₹5,000
Auction Date 27 Nov 2026, 02:30 PM In 12 days
EMD Last Date 26 Nov 2026, 04:00 PM In 11 days
Area46 sq m
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Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
46 sq m (≈ 495 sq ft)
Reserve price / sq ft
₹961
Locality
Kareli
City
Surat
State
Gujarat

Description (as per sale notice)

ALL THAT PIECE AND PARCEL OF OPEN PLOT PROPERTY BEARING PLOT NO. 177, FORMING PART OF THE RESIDENTIAL NON-AGRICULTURAL SCHEME KNOWN AS "YASHVI RESIDENCY VIBHAG-2", DEVELOPED ON AND FORMING PART OF LAND BEARING RE-SURVEY NOS. 9/1 AND 10, BLOCK NO. 15, ADMEASURING HECTARE 1-91-46 SQ. MTRS. (19,146 SQ. MTRS.), SITUATED AT MOJE KARELI, SUB-DISTRICT AND TALUKA PALSANA, DISTRICT SURAT, STATE OF GUJARAT. THE SAID PROPERTY CONSISTS OF OPEN PLOT NO. 177 ADMEASURING ABOUT 40.18 SQ. MTRS., TOGETHER WITH UNDIVIDED SHARE ADMEASURING ABOUT 28.67 SQ. MTRS. IN THE INTERNAL ROADS, ROAD/C.O.P. (COMMON OPEN PLOT) AND OTHER COMMON AMENITIES OF THE SAID SCHEME. THE TOTAL AREA, INCLUDING THE LAND AND ALL THE INTERNAL AND EXTERNAL RIGHTS PERTAINING TO IT, THE BOUNDARIES OF WHICH ARE AS FOLLOWS: EAST:- LAGOU SOCIETY ROAD, WEST:- PLOT NO. 198, NORTH:- APPLICABLE PLOT NO. 176, SOUTH:- PLOT NO. 178.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Rajendra N***** M*****
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 ₹961 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,790 per sq ft, so this one is 66% 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 ₹47,600 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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