All the piece and parcel of SHOP NO. 9 ON THE 1ST FLOOR ADMEASURING 293 SQ. FEET I.E. 27.23 SQ. MTS. SUPER BUILT UP AREA, & 170.94 SQ. FEET I.E. 15.88 SQ. MTS. BUILT UP AREA, ALONG WITH UNDIVIDED SHARE IN THE LAND OF "SAI PLAZA OF SHANTI NAGAR SOCIETY", SITUATED AT REVENUE SURVEY NO. 17, BLOCK NO. 88/A-1, PAIKI PLOT NO. A/1, A/2, A/3 ADMEASURING 626.25 SQ. YARD I.E. 523.626 SQ. MTS., OF MOJE VILLAGE VARELI, TA: PALSANA, DIST: SURAT. OWNED BY: MR. UDAI SINGH
This listing's reserve price works out to ₹3,413 per sq ft. The average across commercial bank auctions in Surat on our site is ₹7,743 per sq ft, so this one is 56% 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
Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
Register on the e-auction portal (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
Pay the EMD of ₹1,00,000 before 08 Oct 2026, 05:00 PM. It is refunded if you don't win.
Bid online on 9 Oct 2026 starting above the reserve price, in multiples of ₹15,000.
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.
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 International Asset Reconstruction Company. Always verify every detail with the official notice and the authorised officer before paying any money.