501.67 sq feet Industrial Plot for Auction in Industrial, Surat – SBI

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

501.67 sq feet (≈ 501 sq ft)

Reserve price / sq ft

₹28,505

Locality

Industrial

City

Surat

State

Gujarat

Pincode

394210

Address

Industrial, Surat, Gujarat, 394210 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB VADODARA-10059

Auction type

DRT Auction

Borrower

Poonam D*****

Auction start

19 Nov 2026, 12:00 PM

Auction end

19 Nov 2026, 01:00 PM

EMD submission deadline

18 Nov 2026, 05:00 PM

Inspection

30 Oct 2026, 11:00 AM – 30 Oct 2026, 02:00 PM

Authorised officer

Dipankar Katoch, Manager

Officer contact

8169657403

E-auction portal

BAANKNET (Property ID SBIN1024971311B)

Price Check

This listing's reserve price works out to ₹28,505 per sq ft. The average across industrial bank auctions in Surat on our site is ₹5,543 per sq ft, so this one is 414% 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 30 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN1024971311B)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 Nov 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.