Flat for Auction Jolwa Palsana Surat 2.5 Lakh by Asset Reconstruction Company India Ltd Arcil 363605

Quick read

• ▸Possession: Physical
• ▸Area: 284 Sq. Ft.
• ▸Locality: Jolwa, Palsana
• ▸Reserve: ₹2,45,000
• ▸EMD: ₹24,500

About this property

Flat bank auction in Jolwa, Palsana, Surat by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹2,45,000, 284 Sq. Ft., Physical possession.

An excellent opportunity to acquire a residential flat through a bank auction in Palsana, Surat, Gujarat. This 3rd-floor Flat No. 310, situated within Vrundavan Residency, Anmol Residency Vibhag - 1, Jolwa, boasts a built-up area of 284 Sq. Ft. The property is offered by Asset Reconstruction Company (India) Ltd. (Arcil) with a highly competitive reserve price of ₹245,000.0 and an EMD of ₹24,500.0. Interested bidders can participate in the e-auction scheduled for August 7, 2026, at 02:45 PM. Physical possession was taken on January 21, 2022, and inspection is available on July 23, 2026. This bank auction property is a strong prospect for first-time homebuyers or investors seeking an affordable flat for sale in a growing locality near Surat, with no known encumbrances.

GeoSquare note: This property represents a strong buy, primarily due to its very attractive reserve price of ₹245,000.0 for a residential flat in Surat, combined with its physical possession status, which significantly reduces acquisition risks. The 'Not Known to Bank' encumbrance status is also a positive indicator. While the 284 sq. ft. area is modest, the overall value proposition makes it an excellent, affordable investment or home option in the Palsana region.