1,200 sq feet Industrial Plot for Auction in Surat – BOB

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

1,200 sq feet (≈ 1,200 sq ft)

Reserve price / sq ft

₹7,134

Locality

—

City

Surat

State

Gujarat

Pincode

395006

Address

Surat, Gujarat, 395006 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

KIM - 284

Auction type

SARFAESI Auction

Borrower

RIYANSH T*****

Auction start

05 Dec 2026, 02:00 PM

Auction end

05 Dec 2026, 06:00 PM

EMD submission deadline

05 Dec 2026, 06:00 PM

Inspection

04 Nov 2026, 06:00 PM – 05 Dec 2026, 01:00 PM

Authorised officer

VALVE DATTU

Officer contact

9860145038

E-auction portal

BAANKNET (Property ID BARB2lb084233)

Price Check

This listing's reserve price works out to ₹7,134 per sq ft. The average across industrial bank auctions in Surat on our site is ₹5,543 per sq ft, so this one is 29% above 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.
2. Inspect the property on 4 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB2lb084233)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Dec 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 5 Dec 2026 starting above the reserve price.
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.