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Residential Plot SARFAESI Auction

19,146 sq m Residential Plot for Auction in Kareli, Surat – Assets Care And Reconstruction Enterprise Limited

Kareli, Surat, Gujarat · Auction ID #110623

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Residential Plot for auction in Kareli, Surat – Assets Care And Reconstruction Enterprise LimitedRepresentative image – no photo published by the bank
Reserve Price ₹4,76,000
EMD (Earnest Money)₹47,600
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
Area19,146 sq m
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Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
19,146 sq m (≈ 2,06,085 sq ft)
Reserve price / sq ft
₹2
Locality
Kareli
City
Surat
State
Gujarat

Description (as per sale notice)

ALL THAT PIECE AND PARCEL OF THE OPEN PLOT PROPERTY BEARING PLOT NO. 145-K (AFTER K.J.P. KNOWN AS BLOCK NO. 15/145/145), 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 19,146 SQ. MTRS., SITUATED AT MOJE KARELI, SUB-DISTRICT AND TALUKA PALSANA, DISTRICT SURAT, STATE OF GUJARAT. THE SAID PROPERTY CONSISTS OF OPEN LAND 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: AND BOUNDED AS UNDER: EAST: SOCIETY ROAD; WEST : PLOT NO. 166; NORTH : PLOT NO. 144 SOUTH : PLOT NO. 149
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Rambhajan R***** S*****
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
View official sale notice
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Price Check

This listing's reserve price works out to ₹2 per sq ft. The average across residential bank auctions in Surat on our site is ₹2,790 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 ₹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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