All auctions / Gujarat / Surat

4626 square meter Plot for sale in SURAT Surat

Surat, Gujarat – 395009

State Bank of India · SAMB AHMEDABAD-04199

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Reserve price
₹41,24,00,000
EMD
₹4,12,40,000
Bid increment
₹10,00,000
Area
1.14 acres
Price per sq ft
₹8,282

This is the 2nd auction of this property. The reserve price is 10% lower than at the last auction (₹45,82,00,000 on 26 Jun 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property8 Oct 2026, 11:00 AM – 8 Oct 2026, 1:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 4:00 PM (EMD closes today)
  3. Auction15 Oct 2026, 11:00 AM – 4:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹41,24,00,000-10.0%Upcoming
26 Jun 2026₹45,82,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,12,40,000
Rest of 25% when you win (same or next day)
₹6,18,60,000
Balance 75%, usually within 15 days
₹30,93,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.06 Cr – ₹3.30 Cr

You may bid above the reserve in steps of ₹10,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Commercial · Plot
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
All the piece and parcel of Final Plot No. 50, situated at opp. J. K. Motors, B/s Swastik residency, Pal Village Road, bearing Revenue Survey No.s 501+493+503 +564+565/1, Block No. 475/E, T .P. Scheme No.16 (Pal), Final Plot No. 50 of Village -Pal, Taluka- Adajan(Surat City), Dist: Surat .Total admeasuring area 4635.00 Sq Mtrs, (as per approved plan area 4626.64 Sq Mtrs) in the name of M/s Bhakti Venture. (Known as Bhakti Meridian)
Borrower
BHAKTI INFRACON LLP

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