Property for Auction in Palsana, Surat, Gujarat
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609310
Bank Name:Vastu Housing Finance Corporation Ltd
Branch Name:Mumbai
Reserve Price:₹5,00,000
EMD:₹50,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:drt.auctiontiger.net
Submission Date:2025-11-14
Bid Start Date:2025-11-15
This is a residential flat located in Palsana, Surat, Gujarat. It is part of a SARFAESI auction conducted by Vastu Housing Finance Corporation Ltd.
State:Gujarat
City:Surat
Area:Palsana
Asset Category:Residential
Full Address:201, Ramdev Residency, Moje-Kadodara, Tal-Palsana, Paisana, GUJARAT, 394327, Palsana, Surat
Building/Society:Ramdev Residency
Vastu Housing Finance Corporation Ltd is holding a SARFAESI auction for a residential flat in Palsana, Surat, Gujarat. The auction will take place on November 15, 2025, from 11:00 AM to 4:00 PM. The reserve price for this property is ₹500,000, with an Earnest Money Deposit (EMD) of ₹50,000 required. The property was formerly owned by Mr Trilochan Panigrahi.
Borrower Name:Mr Trilochan Panigrahi
Auction Type:SARFAESI Auction
Guarantor Names:Gauri Panigrahi
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property offers a decent investment opportunity due to its location in Palsana and the relatively low reserve price. However, further due diligence is advised before participating in the auction. The property type and locality suggest moderate appreciation potential.
Branch:Branch Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Karankumarchauhan
Contact no:9033713497