Flat for Auction Palsana Surat 5.3 Lakh by Piramal Finance Ltd
Palsana, Surat
201 2nd floor Yamuna Palace under Megh Plaza Society, Palsana, Gujarat 394315
PIRAMAL FINANCE LTD · Kurla (West) Mumbai
Reserve price
₹5,31,000
EMD ₹53,100
Auction date
16 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Locality: Palsana
- ▸Reserve: ₹5,31,000
- ▸EMD: ₹53,100
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Palsana |
| Lender | PIRAMAL FINANCE LTD |
| Branch | Kurla (West) Mumbai |
| Unit / flat no. | 201 |
| Building / society | Yamuna Palace under Megh Plaza Society |
| 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 ₹5,31,000, Symbolic possession.
Discover an excellent opportunity with this bank auction property: a 2nd-floor residential flat, unit 201, located in Yamuna Palace under Megh Plaza Society, Palsana, Surat, Gujarat 394315. Offered by Piramal Finance Ltd, this affordable property has a reserve price of ₹5,31,000. Interested bidders must submit an Earnest Money Deposit (EMD) of ₹53,100 by July 16, 2024. The e-auction is scheduled for July 18, 2024, from 11:00 AM to 04:00 PM, with property inspection available from July 4-5, 2024. While possession is symbolic, the bank reports no known encumbrances. This Flat for sale in Palsana, Surat, presents strong potential for first-time homebuyers or investors seeking an entry-level property in a growing region of Gujarat.
GeoSquare note: This 2nd-floor flat in Palsana, Surat, offers a very affordable entry point into the residential market with a reserve price of ₹5.31 lakhs. While the possession status is symbolic, which often implies some risk, the bank has stated no known encumbrances. Its location in Surat, a growing city, adds to its appeal as a fair investment option for those seeking budget-friendly residential property.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.