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Land SARFAESI Auction

13,794 sq m Land for Auction in Village Kareli, Surat – Assets Care And Reconstruction Enterprise Limited

Village Kareli, Surat, Gujarat · Auction ID #110633

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Land for auction in Village 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
Area13,794 sq m
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Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
13,794 sq m (≈ 1,48,477 sq ft)
Reserve price / sq ft
₹3
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 REVENUE SURVEY NO. 9, BLOCK NO. 14, BEING NON-AGRICULTURAL LAND RESERVED FOR RESIDENTIAL PURPOSES, ADMEASURING HECTARE-ARE-SQ. MTRS. 1-37-94 (13,794 SQ. MTRS.), KNOWN AND IDENTIFIED AS “YASHVI RESIDENCY SECTION-3”. OUT OF THE SAID LAND, PLOT NO. 143 (FORMERLY PLOT NO. 142), ADMEASURING 40.18 SQ. MTRS. OF OPEN LAND, TOGETHER WITH 26.25 SQ. MTRS. PROPORTIONATE UNDIVIDED SHARE IN ROAD/C.O.P. LAND, ALONG WITH ALL EASEMENTARY, INTERNAL AND EXTERNAL RIGHTS APPURTENANT THERETO, AGGREGATING TO THE TOTAL AREA ATTACHED TO THE SAID PLOT. BOUNDARIES OF PLOT NO. 143 (FORMERLY PLOT NO. 142):- EAST: PLOT NO. 143, WEST: PLOT NO. 144, NORTH: SOCIETY ROAD, SOUTH: PLOT NO. 152.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Vasantbhai M***** 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 ₹3 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 ₹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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