Flat for auction 202 MARGIN, Bhestan, Surat by Piramal Capital and Housi

Property for Auction in Bhestan, Surat, Gujarat

Property Type IconProperty Type:
Flat
Location IconLocation:
Bhestan, Surat
Auction Date IconAuction Date:
08-03-2025 11:00 AM

Auction Details

Auction ID:452255

Bank Name:PIRAMAL CAPITAL AND HOUSING FINANCE LTD

Branch Name:Registered Office : Kurla (West) Mumbai

Reserve Price:6,50,000

EMD:65,000

Service Provider:Public Auction

Important Dates

Submission Date:07-03-2025 04:00 PM

Bid Start Date:08-03-2025 11:00 AM

Property Description

The property in question is Flat No. B-202, located within Krishna Flat in Bhestan, Surat, Gujarat (PIN 394210). This residential unit is situated in a well-connected locality, proximate to landmarks like Swapna Shrusti Apartment and Balkrusna Raw. The boundaries are clearly defined, with Flat No. 201 to the north, margin space to the south and east, and a passage along with Flat No. 203 to the west. Bhestan is an evolving area within Surat, known for its developing infrastructure and growing residential options, making it an attractive location for homebuyers. The property's current status as a bank auction asset presents an opportunity to acquire it, potentially below market value, after careful due diligence. As a flat, it likely offers a convenient and low-maintenance lifestyle, suitable for individuals or small families. Its location in Gujarat, a state with a robust economy, further enhances its investment appeal.

State:Gujarat

City:Surat

Area:Bhestan

Asset Category:Residential

Auction Description

This is a unique opportunity to acquire a residential flat in the burgeoning area of Bhestan, Surat, Gujarat. The property, Flat No. B-202 in Krishna Flat, is being auctioned by PIRAMAL CAPITAL AND HOUSING FINANCE LTD under the SARFAESI Act. Located near Swapna Shrusti Apartment and Balkrusna Raw, it offers convenient access to local amenities and infrastructure. The auction process is straightforward, with a reserve price set at ₹6,50,000 and an Earnest Money Deposit (EMD) of ₹65,000. Prospective buyers must submit their applications by March 7, 2025, by 4:00 PM. The auction itself will take place on March 8, 2025, from 11:00 AM to 1:00 PM. This is an excellent chance for first-time buyers or investors looking to enter the Surat property market at a potentially advantageous price point. For further inquiries, feel free to contact Dipnesh Rathod at 9687619755, Dharmesh Variya at 9925827126, or Vishal Ketelo at 9584966653. Ensure you review all sale notices and terms thoroughly before participating.

Borrower Name:Sadhucharan Ramchandra Sav

Auction Type:SARFAESI Auction

Contact Details

Contact Person: (1). Dipnesh Rathod-9687619755, (2). Dharmesh Variya-9925827126, (3). Vishal Ketelo-9584966653

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