Flat for auction Palsana Surat 5 lakh Vastu Housing Finance Corporation Ltd

Property for Auction in Palsana, Surat, Gujarat

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
5,00,000
Reserve Price
5,00,000
EMD Required
50,000
Property Specifications
Society/BuildingRamdev Residency
Unit No.201
Floor2nd Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Palsana, Surat
Auction Date IconAuction Date:
15-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-14

Bid Start Date:2025-11-15

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Mumbai

Service Provider:drt.auctiontiger.net

Contact Details:

Karankumarchauhan

Contact no:9033713497

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