Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609330
Bank Name:Hinduja Housing Finance Ltd
Branch Name:Corporate Office: Chennai
Reserve Price:₹11,44,000
EMD:₹1,14,400
Auction Time:11:00 AM - 2:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-11-15
Property Description
This is a residential flat located in Palsana, Surat, Gujarat. The property is being auctioned by Hinduja Housing Finance Ltd. It falls under the SARFAESI Act. Property Type: Flat Location: Palsana, Surat, Gujarat Asset Category: Residential
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:102, Suncity Arcade, Flat No. 102 on the 1st floor of "Suncity Arcade", Block No. 27 Paiki Plot No. 49-B, 50/B, 51-B, 52-B, 53-B 54-B, 55-B & 56-B, Chalthan, Surat
Building/Society:Suncity Arcade
Size:440.00 sq. feet
Auction Description
Hinduja Housing Finance Ltd is conducting a SARFAESI auction for a residential flat in Palsana, Surat, Gujarat. The auction will take place on December 5, 2025, from 3:00 PM to 5:00 PM. The reserve price for this property is INR 11,44,000, with an Earnest Money Deposit (EMD) of INR 1,14,400. Auction Type: SARFAESI Auction Auction Start Date: 05-12-2025 03:00 PM Auction End Time: 05-12-2025 05:00 PM Reserve Price: 1144000.0 Emd: 114400.0
Borrower Name:Mr. Ranjankumar Kharwar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Mamta Kharwar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This Palsana flat presents a calculated opportunity due to its relatively affordable reserve price and manageable size, appealing to first-time homebuyers or investors. The location in Surat offers growth potential, but potential investors should carefully assess local market conditions. Auction terms are standard, requiring due diligence.
Contact Details
Branch:Branch Office : Corporate Office: Chennai
Service Provider:drt.auctiontiger.net
Contact Details:
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