Flat for Auction Palsana Surat 5 Lakh by Piramal Finance Ltd
Palsana, Surat
Flat No 202, 2nd Floor, Building No A, Vrundavan Palace, Ta Palsana, 394310
PIRAMAL FINANCE LTD · Kurla (West) Mumbai
Reserve price
₹5,04,000
EMD ₹50,400
Auction date
16 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Palsana
- ▸Reserve: ₹5,04,000
- ▸EMD: ₹50,400
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Palsana |
| Lender | PIRAMAL FINANCE LTD |
| Branch | Kurla (West) Mumbai |
| Unit / flat no. | Flat No 202 |
| Building / society | Vrundavan Palace |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | Public Auction |
About this property
Flat bank auction in Palsana, Surat by PIRAMAL FINANCE LTD — reserve price ₹5,04,000, Symbolic possession.
Discover an excellent opportunity to own a residential property in Surat. This bank auction features Flat No 202, located on the 2nd floor of Building No A, Vrundavan Palace in Palsana, Surat, Gujarat (Pincode 394310). The property, offered by PIRAMAL FINANCE LTD, is available at a competitive reserve price of ₹504,000, with an EMD of ₹50,400. This 2nd-floor flat in Palsana presents an attractive option for first-time homebuyers or investors seeking an affordable residential property in a growing area. The auction is scheduled for July 9, 2024, with inspection on July 3, 2024. Take advantage of this bank auction property for sale in Surat.
GeoSquare note: This flat in Palsana, Surat, presents a strong investment opportunity primarily due to its highly attractive reserve price of just ₹5.04 Lacs, making it very affordable. While possession is symbolic, which requires buyer diligence, the low entry cost and location in a developing city like Surat offer significant upside potential. It's a compelling option for budget-conscious buyers or investors looking for value.
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