Flat for Auction Palsana Surat 2.6 Lakh by Reform Asset Reconstruction Company Limited
Palsana, Surat
Area: 400 Sq. Feet
Flat No. 119, 1st Floor, Dhara Palace A-Wing, Parekh Estate, Moje Tatithaiya, Ta. Palsana, Dist. Surat, Gujarat
reform asset reconstruction company limited · Regd Office
Reserve price
₹2,60,000
EMD ₹26,000
Auction date
24 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 400 Sq. Feet
- ▸Locality: Palsana
- ▸Reserve: ₹2,60,000
- ▸EMD: ₹26,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Palsana |
| Built-up / plot area | 400 Sq. Feet |
| Lender | reform asset reconstruction company limited |
| Branch | Regd Office |
| Unit / flat no. | Flat No. 119 |
| Building / society | Dhara Palace A-Wing of Parekh Estate |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | Public Auction |
About this property
Flat bank auction in Palsana, Surat by reform asset reconstruction company limited — reserve price ₹2,60,000, 400 Sq. Feet, Physical possession.
Discover a prime bank auction property: a 1st-floor residential flat (Flat No. 119) measuring 400 sq. ft. Super Built Up Area, located in Dhara Palace A-Wing, Parekh Estate, Moje Tatithaiya, Taluka Palsana, District Surat, Gujarat. This attractive flat is offered at a highly competitive reserve price of ₹2,60,000, making it an excellent opportunity for investors and homebuyers. EMD is ₹26,000 with a bid increment of ₹5,000. Physical possession has been taken, ensuring a smooth transition. The e-auction is scheduled for July 24, 2026. Don't miss this chance to acquire a valuable property in Surat through a bank auction.
GeoSquare note: This 1st-floor flat in Palsana, Surat, presents a compelling investment opportunity due to its exceptionally low reserve price of ₹2.6 lakhs for 400 sq. ft. With physical possession already taken by the bank, it reduces potential handover complications. The attractive price point, coupled with a manageable EMD, makes it accessible. While due diligence is always recommended, the overall value proposition in a growing city like Surat makes this a strong buy.
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