Flat for auction 501 Shivay residency, Palsana, Surat by Home First Finance

The property in question is Flat No-501, located within Shivay Residency, Block No. 200/A, Plot No. 291 to 295, Gokuldham Vila, Moje: Tatithaya, Ta: Palsana, Surat, Gujarat (394305). Situated in the burgeoning area of Palsana within the vibrant city of Surat, Gujarat, this residential flat offers a promising prospect for new homeowners and investors alike. Surat is renowned for its dynamic economic growth and robust infrastructure, making Palsana a strategically developing locale. This property represents a chance to enter the Gujarat real estate market with potential for appreciation. The asset category is residential, specifically a flat, providing a comfortable living space or a viable rental opportunity in a growing community. Its location in Gujarat, a state known for its industrial and commercial prowess, further enhances its investment appeal.

This presents a compelling opportunity to acquire a residential flat through a SARFAESI auction conducted by Home First Finance Company India Limited. The auction is scheduled to take place on July 29, 2025, with bidding open from 11:00 AM to 2:00 PM IST. The reserve price is set at ₹47,700, with an Earnest Money Deposit (EMD) of ₹4,770 required to participate. Prospective buyers must ensure their application is submitted by July 27, 2025, 5:00 PM. The auction will be managed by drt.auctiontiger.net. For further details and to access the sale notice, please refer to the provided URL. This process is designed for transparency and offers a chance to invest in property directly from financial institutions.