Representative illustration — Flat bank auction in Chaithan, Palsana
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Prime Investment

Flat for Auction Chaithan Palsana Surat 4 Lakh by Utkarsh Small Finance Bank Limited

Chaithan, Palsana, Surat

Area: 950.00 Sq Fts

Raj Complex, Flat No 425, Fourth Floor, Block No 7, Mauje Chaithan, Palsana, Surat, Gujarat

Utkarsh Small Finance Bank Limited · Varanasi

Reserve price

₹4,00,000

EMD ₹40,000

Auction date

29 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 950.00 Sq Fts
  • Locality: Chaithan, Palsana
  • Reserve: ₹4,00,000
  • EMD: ₹40,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityChaithan, Palsana
Built-up / plot area950.00 Sq Fts
LenderUtkarsh Small Finance Bank Limited
BranchVaranasi
Unit / flat no.Flat No 425
Building / societyRaj Complex
FloorFourth Floor
Auction typeSARFAESI Auction
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Chaithan, Palsana, Surat by Utkarsh Small Finance Bank Limited — reserve price ₹4,00,000, 950.00 Sq Fts, Symbolic possession.

Discover a prime bank auction property: a spacious 950 Sq. Fts. (Super Built-up Area) flat, Flat No 425, located on the Fourth Floor of Raj Complex in Mauje Chaithan, Palsana, Surat, Gujarat. This residential property, brought to auction by Utkarsh Small Finance Bank Limited, boasts a highly attractive reserve price of ₹400,000, with an EMD of ₹40,000. Situated in a developing area near Highway No. 8, it offers excellent connectivity. The property is offered with symbolic possession and is free from known encumbrances. Key auction dates include inspection from June 6 to June 12, 2024, last EMD submission by June 18, 2024, and the e-auction on June 20, 2024, from 12:00 PM to 05:00 PM. This bank auction property in Palsana, Surat, presents a rare investment opportunity for prospective buyers looking for value.

GeoSquare note: This 950 Sq. Fts. flat in Raj Complex, Palsana, Surat, offers an exceptional opportunity with a reserve price of just ₹400,000. Despite being under symbolic possession, the clear title (nil encumbrance) and strategic location near Highway No. 8 enhance its appeal. The remarkably low price per square foot makes it a strong contender for high capital appreciation, positioning it as a prime investment.

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